Saddlers made a steady profit in League One

Walsall have made a profit for the fifth year in a row: Heading out on the highway

Kieran Maguire comments, 'That seems to be enough to satisfy the ambitions of the club owner, Jeff Bonser, though some fans seem to be fed up with his control of the club, and the way he extracts money from it through owning the stadium.'

Maguire concludes, 'Walsall, almost uniquely for a League One club, have shown that they can break even season after season by managing their wage budget carefully, and being ultra-cautious in the transfer market.' Promotion to the Championship could bring a financial bonanza, but would also push up costs.

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The Political Economy of Football V2

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