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St Mirren publish operating losses of just over £900k for 18/19 but their business model of developing players & selling them for a profit worked again as £1m profit made #saints #buddies
St Mirren have plenty of cash in bank & have made over £8m profits over the years.
St Mirren wrote off £29,000 on a player impairment in 2018/19. That’s accounting speak for saying they signed someone who turned out to be shite.
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