Tombola Bingo which recently signed a two year sponsorship deal with Sunderland is certainly doing a lot better than the premier league football club. Tombola which is the number one online bingo site in the UK could teach the underperforming football team a few things. Sunderland has announced an annual loss of £25.5m in a year of "growth and development".

The results showed for the year to July 2010 the club made a £2m bigger loss than the previous year. Steve Walton, chief executive of the club added it was "facing challenging economic times, both nationally and regionally".

While turnover increased to £65.4million the operating costs - which include players' wages and utilities charges - increased to £70.4million. £19m in loans have been converted into shares in the club.

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