Martin Bain's greatest hits at Sunderland - all 'good' things come to an end
The club confesses much on its website and is blunt about a further £9.9m loss, debt level up to £125.7m and wages-to-turnover ratio reduced to a still nauseating 66.8 percent.
The site put the club’s cards on the table. Well, most of them.
Advertisement
Hide AdAdvertisement
Hide AdThe information is freely available to the public through Companies House. However, presumably due to an innocent, soon-to-be-rectified oversight, safc.com has omitted to mention that their chief executive Martin Bain was paid £1,243,829 last year.
Relegation in 2017 meant many of the club’s non-playing and blameless staff members took significant pay cuts; if indeed they were not dispensed with altogether.
The exact size of the CEO’s salary reduction since July 31, 2017, which is where the accounts are up to, is yet to be revealed.
Mr Bain was appointed on July 1, 2016, following a season in which the team had managed a disgraceful six home wins. This couldn’t be allowed to continue.
What then are his achievements since?
Advertisement
Hide Ad