The latest financial figures for the year ending 31st July, 2019 have been released concerning Sunderland and the figures for turnover, profit and loss and wages.

The Black Cats are waiting for new owners to come in and take over from Stewart Donald but with the way 2020 has been there has been little progress in the way of that.

Indeed, we've seen recent rumours concerning William Storey has a prospective owner but little more has really come from that right now, and instead, we're focusing on the latest figures up to this date last year.

James Hunter shared the key numbers on Twitter:

Before explaining this profit was actually negated further on in his Twitter feed:

The Verdict

Seeing wages slashed is at least one positive to look at in isolation for the club.

In terms of that, too, you can expect that figure to be even less by this point but we won't know until this time next year.

Sunderland are facing another season in League One, though, and with that and talk of a wage cap coming in to the third tier, it would be no surprise to see their wages continue to decrease in the near future.