Baggies CEO shocked at state of club finances

New West Bromwich Albion chief executive officer Mark Jenkins has been shocked at what he found in terms of the state of the club's finances when he returned to the club. The club is going to need an overdraft facility for the first time in ten years. There is no more money for wages and a risk of breaching financial fair play rules: Need for sound business management

This is in spite of a profit before tax of £39.7m, up from £1m, being recorded in the 2016-17 accounts. Turnover increased by £39.6m (40.3%) to £137.9m. Profit includes the sale of Saido Berahino.

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The Political Economy of Football V2

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