Connor Wraps Prep For FIBA World Cup Hangin' With ... Fiona De Jong Aston Villa Hires Tom Fox As CEO Top Three Partners To Take Stake In BVB Crystal Palace Sports Director Resigns Schalke Founds Management Academy Berlin Estimates Olympics Bid To Cost $66M Soler Stays On As Head Of IMG Tennis Bremen Considers Strategic Partnerships Executive Transactions
SBD Global/August 20, 2013/FinancePrint All
League Championship Burnley Co-Chair Mike Garlick "is predicting" that the club will break even this season after posting a loss of £8M in '12-13, according to the BBC. Garlick said that last year's figures "do not include the money received from the recent sale" of striker Charlie Austin to Queens Park Rangers. Garlick, who became Burnley's co-chairman alongside John Banaszkiewicz in May '12, added, "When I say we will break even, that is before the sale of Charlie. In terms of player trading, we will actually show a profit. The loss is for last season. It's not where we are now" (BBC, 8/19).