Very interesting, TK, and I think this puts the performance of the active board members into perspective - i.e. they are working with one and a half arms tied behind their backs. Just imagine what they could have done with £2.2m over a 5(?) year period.
I imagine that when Peterborough cough up the Cooper money that will offset that season’s losses and that DA might be given half of any fee received for Perry and/or Kirky to spend on replacements, as long as their salaries are no higher! He has shipped out a few higher earners so should have a little wiggle room there.
Thanks for your analysis, it’s really helpful to have an easy to understand summary of what can often be impenetrable pages of financial information. Keep up the good work and a future investor might make even better use of your expertise.
Have a good summer and COYR!