Jags in good financial shape

Partick Thistle have published their 2018/19 results following relegation to the Scottish Championship. Revenue was down a third to £3 million but club managed to break even by reducing costs.

Partick Thistle wage bill down 30% and employee numbers fell by 12. Club paid £64 in wages for every £100 of income, a respectable figure. Average wage £23,000 a year for all staff, directors took no pay.

Kieran Maguire notes, 'To put Patrick’s wage bill in context, Manchester United were paying Alexis Sanchez each month what Partick paid in wages for all 85 staff, both playing and back office, in a year.'

The club had £600,000 in the bank at the end of 2018/19.

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