Sunderland’s financial meltdown revealed

30 April 2019

Sunderland
Photo: Getty Images Sunderland's annual accounts showed that last season in the Championship, which ended in relegation, the club lost £390,000 every week. Bank interest costs on loans were £120,000 per week.

Record losses during second relegation.

Directors at doomed club make £9.2 million.

Sunderland’s ten-year stay in the Premier League saw them bank the best part of £1 billion.

But the astronomical debts and financial mismanagement have been laid bare in the club’s latest accounts.

They showed that Sunderland recorded a staggering loss of more than £200 million during that period in the world’s richest football league.

It also showed that last season in the Championship, which ended in relegation, the club lost £390,000 every week. Bank interest costs on loans were £120,000 per week.

Richest time in club's history

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