Bratt: Vale Debts Could Have Been Much Worse
Sentinel, The; Stoke-on-Trent (UK) › November 29, 2009
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Summary
CHAIRMAN Bill Bratt admits the club would be facing an uncertain future had they allowed debts to spiral beyond the Pounds 500,000 mark last season.
In slashing their overheads, including a drop of Pounds 623,787 in staffing costs, Vale drove down their overall debt by Pounds 102,197 to Pounds 281,541 in the year ending July 2009.See the full content of this document
Extract
Bratt: Vale Debts Could Have Been Much Worse
Despite recording a significant financial loss for the second successive season after posting a Pounds 383,738 loss in 2007-...
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