Sunderland reports profit and celebrates international player on this date in 1988

Yahoo Sports • 1 min read • Latest: Oct 19, 2026, 5:00 AM

Last updated Oct 19, 2026

Sunderland reports profit and celebrates international player on this date in 1988
Summary

On October 19, 1988, Sunderland announced a profit exceeding £250,000, a significant turnaround from a previous loss of £125,000 the prior year. This financial boost was attributed to increased match receipts and an interest-free loan from chairman Bob Murray. The club also celebrated Colin Pascoe's selection for the Welsh national team, marking his third international cap. Pascoe, who had joined Sunderland for £70,000, played in a World Cup qualifier against Finland. The chairman expressed optimism about the club's financial stability and the contributions from the championship-winning team.

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By the Numbers
  • •Sunderland made a profit of over £250,000 for the first time since 1985.
  • •Increased match receipts and a £600,000 loan contributed to the profit.
  • •Colin Pascoe became the first Sunderland player selected for Wales since 1983.
  • •Pascoe played for Wales in a World Cup qualifier against Finland in 1988.
Latest Updates
  • 5:00 AMYahoo Sports — OTD (19/10/1988): Sunderland Make a Profit And A New International
What they're saying
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Back on this day in 1988 the club accounts are looking good and a winger gets an international boost.

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