Bristol Rovers say they have reduced annual operating losses by almost £1million ahead of the publication of their 2020/21 accounts, with Wael Al-Qadi committing further financial support.
A press release published late on Friday evening stated the accounts are due to be published on Companies House soon, and Gasheads have been told to expect operating losses to fall by £959,000 when the figures have been published. The operating loss in the 2019/20 accounts was £2,436,286.
Owner and president Al-Qadi has also committed to capitalising £3.5million of debt into shares in the club as a measure to "limit the club debt and further safeguard our future," a statement said.
