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.â€

I blame the fans booing.

Fuck sake Jimmy.

£27m is pocket change for him

How much of it is a cash loss anyway? He says partly due to land write down so thats just a paper loss surely?

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.

What does including Pittodrie mean?

 

 

How are his chippys getting on?

How are his chippys getting on?

 

Sounds like a few of them got laid off.

Construction firm posts losses in time of recession

 

oooh the sensation of it all 

£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?

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.

I read somewhere that SMG expects to be back in profit next year

Somewhere? Its in this thread

Somewhere? Its in this thread

 

 

That'll be where then!!