Player sales push Burnley FC into profit
23rd November 2012
BURNLEY FC overcame a fall in revenues to reverse a £4m loss to a £3.1m profit in the year to the end of June on the back of player trading.The Championship club said a fall in the 'parachute payments' it receives from the Premier League was behind the reduction on turnover in the year to the end of June from, £27.3m to £23m. A further reduction is expected this financial year, and will represent the "major challenge to be addressed" in the next 12 months, joint chairmen Mike Garlick and John Ban......for the full story register now for free or login below...
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