Perth club run prudently

St Johnstone is a good example of a club run prudently that lives within its means, reports Kieran Maguire of the Price of Football. Despite the impact of Covid they lost only lost £20k in 2019/20 and had the security of £2.8m in the bank at end of season

St. Johnstone did make some staff redundant as a result of Covid.

The Perth club’s creditors nearly doubled to £1.5m, partially due to taking advantage of government tax delay pay schemes, but they have no third party borrowings.

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The Political Economy of Football V2

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