Any other business

A few more snippets

The club made a profit of £ 14.6, made up of an operating loss of £ 30.9 million, a one off profit on sale of ground of £ 40 million, £ 3.7 million transfer profits and £ 1.85 million for the sale of Gary Rowett.

The Group made an operating loss of £ 46.7 million, meaning another £ 16 million of losses were racked up in other group companies. In all probability a lot of this loss may have arisen in the academy company, who have yet to file accounts.

So it looks like the club figures do not include the cost of the academy, but we will have to wait a few days and see.

The debt has been rejigged in the holding company so the question of "how much do we owe Mel" will have to wait until the Newco203 (the new top level group company) come out next year. The accounts do show debt having gone down BUT £ 43 million of debt has been converted to equity and about £ 80 million sales value of the ground has been offset against the liability. If this juggling had not taken place a debt of some £ 170 million may have existed?

Since June 2018, MM has put a further £ 22.9 million into the group - about 2.5 million a month - to prop things up. This is I imagine filtered into the club and into the academy so not all of it relates to the club itself