Bradford City are a "strong" business according to financial expert (From Bradford Telegraph and Argus)
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Bradford City are a "strong" business according to financial expert
Updated 3:11pm Tuesday 8th July 2014 in Sport
CITY have been rated as a "strong" company by a leading financial analyst.
The Plimsoll group have carried out a study of the UK's 167 largest football clubs – and the Bantams have been ranked as the 14th most profitable.
The report claims that City, one of only 19 clubs not to make a loss last season, continue to buck the national trend. The 'strong' rating is the highest available and reflects their financial performance over the last 12 months.
A spokesman for Plimsoll said: "What is more impressive is that you have achieved this in a difficult market place where 124 of your competitors are in financial danger and a record number are making a loss."
City are among 25 clubs whose performance is described as strong. The report also states that 58 clubs are now carrying more debt than a year ago.