Sorry B58, I must have been typing when you posted.
It certainly looks a sad state of affairs. (LOL)
All good then
Must be close to breaking FFP rules
So the moral of the story is:
The more you spend, the more chance of ending up in a relegation battle
https://www.owlstalk.co.uk/forums/to...nts-published/
Sorry B58, I must have been typing when you posted.
It certainly looks a sad state of affairs. (LOL)
Where's the Coop when you need them?
Where's Mahatma? I thought he wudda been all over this sad financial news for the grunters.UTCB
A loss of £20.8 million for year to 31 May last year.
Not good.
They appear to have paid very little in transfers, but rather large wages.
I assume the Rhodes transfer fee was paid after that year end! So could be even worse this year!
Looks like Daddy Chancer is going to have to write a big cheque again.
Interesting things from first glance - Matchday receipts are virtually the same despite the price increases. So much for 'buying quality with the extra cash'. Wages at £17m. With the overall costs they are spending £1.85 for every £1 then get in. There's £16m or creditors to pay this year (don't know if this is the Chancer himself..?) but £45m to pay after next year.
Glad my balance sheet doesn't show a deficit of £13m...
What was that Florida playboy oinker always banging on about 'We're debt free and have plenty of money'. Well, no and no...
Its cruel to mock the afflicted.
But in the case,great mocking
i very much doubt that chansiri will be splashing the cash anymore dont forget hes seen the success that has occured at the other side of the city on a fraction of what he has invested plus i would have thought they will be looking over their shoulders at ffp now