Kowalski Posted February 11, 2010 Share Posted February 11, 2010 So it's not just Willie then! Stewart Milne Group hit by £27 million losses Aberdeen FC chief confident of getting back in profit By Andrew Whitaker political reporter Published: 11/02/2010 THE building firm run by Aberdeen Football Club chairman Stewart Milne made losses of £27 million, it was revealed. Today Mr Milne told the Evening Express his building firm’s first loss in its 38-year history was a “one-off†– and insisted it would soon be back in profit. He said: “We had a one-off loss during the last financial year. “This was due mainly to the write down in land and 400 redundancies, which we see as being behind us now. The target for the next year is to get back into the black.†Quote Link to comment Share on other sites More sharing options...
Azteca1903 Posted February 11, 2010 Share Posted February 11, 2010 I blame the fans booing. Quote Link to comment Share on other sites More sharing options...
Sharpie Posted February 11, 2010 Share Posted February 11, 2010 Fuck sake Jimmy. Quote Link to comment Share on other sites More sharing options...
mizer Posted February 11, 2010 Share Posted February 11, 2010 £27m is pocket change for him Quote Link to comment Share on other sites More sharing options...
tsr Posted February 11, 2010 Share Posted February 11, 2010 How much of it is a cash loss anyway? He says partly due to land write down so thats just a paper loss surely? Quote Link to comment Share on other sites More sharing options...
mizer Posted February 11, 2010 Share Posted February 11, 2010 How much of it is a cash loss anyway? He says partly due to land write down so thats just a paper loss surely? Indeed, including Pittodrie. Quote Link to comment Share on other sites More sharing options...
bilbobaggins Posted February 11, 2010 Share Posted February 11, 2010 What does including Pittodrie mean? Quote Link to comment Share on other sites More sharing options...
El Padre™ Posted February 11, 2010 Share Posted February 11, 2010 How are his chippys getting on? Quote Link to comment Share on other sites More sharing options...
TENEMENTFUNSTER Posted February 11, 2010 Share Posted February 11, 2010 How are his chippys getting on? Sounds like a few of them got laid off. Quote Link to comment Share on other sites More sharing options...
tom_widdows Posted February 11, 2010 Share Posted February 11, 2010 Construction firm posts losses in time of recession oooh the sensation of it all Quote Link to comment Share on other sites More sharing options...
baggy89 Posted February 11, 2010 Share Posted February 11, 2010 £27m is pocket change for him Exactly, he should try looking down the back of his sofa. Although, given his grippiness, is it not likely that it may have just rotted away to nothing in the permanent darkness of his wallet? Quote Link to comment Share on other sites More sharing options...
Reekie_Red Posted February 13, 2010 Share Posted February 13, 2010 Considering the construction industry has been hit the hardest out of all industries in the global recession, a loss of £27m is a decent result for SMG. They'll come roaring back in the next three years, and the fact that SMG has survived the recession whilst a lot of other construction firms have folded means things will only get better for SMG. Quote Link to comment Share on other sites More sharing options...
Aberdeen_Ladette Posted February 13, 2010 Share Posted February 13, 2010 I read somewhere that SMG expects to be back in profit next year Quote Link to comment Share on other sites More sharing options...
tsr Posted February 13, 2010 Share Posted February 13, 2010 Somewhere? Its in this thread Quote Link to comment Share on other sites More sharing options...
Aberdeen_Ladette Posted February 13, 2010 Share Posted February 13, 2010 Somewhere? Its in this thread That'll be where then!! Quote Link to comment Share on other sites More sharing options...
️ Come on you Reds! ️
️ Come on you Reds! ️
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.