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PriceOfFootball Feb 6
St Mirren publish operating losses of just over £900k for 18/19 but their business model of developing players & selling them for a profit worked again as £1m profit made
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PriceOfFootball Feb 6
Replying to @KieranMaguire
St Mirren have plenty of cash in bank & have made over £8m profits over the years.
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PriceOfFootball
St Mirren wrote off £29,000 on a player impairment in 2018/19. That’s accounting speak for saying they signed someone who turned out to be shite.
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PriceOfFootball Feb 6
Replying to @KieranMaguire
Promotion to Scottish Premiership boosted St Mirren income by 46% with matchday and broadcast income seeing the biggest increases
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PriceOfFootball Feb 6
Replying to @KieranMaguire
St Mirren spent £50,000 signing players in 2018/19 but had sales of £1,017,000 (which may include Jack Ross to Sunderland)?
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PriceOfFootball Feb 6
Replying to @KieranMaguire
St Mirren sold players for £330k in the summer 2019 window
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James Morrison Feb 6
Replying to @KieranMaguire
St Mirren signed a guy from Darlington for 75K and he was mince enough to never play in a league game.
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gumsdarlo Feb 6
Yup, £50K up front and the rest paid in add-ons (which obv won’t materialise) by the looks of it. Said player moved back to Darlington upon contract severance but has since moved on again and is now without a club
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G Feb 6
Kirk Broadfoot?
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Ian Williamson Feb 6
Replying to @KieranMaguire
:-)
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Richard Thomas Feb 6
Replying to @KieranMaguire
What was the equivalent charge in the Man Utd accounts?
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