Rotherham United announce £1.46 million cash loss
ROTHERHAM United have revealed a loss of almost £1.5 million in the latest financial year.
The accounts, from the year ending June 2016 which were published yesterday, revealed the Millers had a turnover of £13.312 million which showed an initial profit of £1.292 million but after administrative expenses at £2.75 million recorded a loss before taxation of £1.458 million.
The accounts also record a £1.334 million loan from chairman Tony Stewart's company ASD Lighting.
They also show the wage bill increased to £8.8 million.
See this week's Advertiser for an in-depth look at the accounts and reaction from chairman Tony Stewart.