Dave Cormack insists Aberdeen will keep splashing the cash in the transfer market – to keep the club OUT of the red. The Dons released their annual accounts which showed the Pittodrie club made a £1.1m profit.
Turnover was also up by almost £2m to £15.77m while the wage bill rose to almost £12m. Cormack admitted the club’s strategy of investing heavily in transfer fees and wages means they would have had an operational loss of £6.27m – but high-profile sales have helped balance the books.
The Dons coined in £7.5m for the trading of big names such as Lewis Ferguson, Ross McCrorie, Calvin Ramsay and Scott McKenna and it’s allowed the club to put the cash back into the squad.
Cormack is confident his side have several assets on the books that can allow the Reds to keep investing in the side – with more dosh on the way this season from the Europa Conference League.