Statement from the club

[SBRed48]

Cheers SB for a well put together explanation of the situation which appears not to be healthy at all , will the fees we have agreed with clubs who we sold players to be drip fed back in to the club by stages or will they have been paid up front ? I ask this because I presume these fees will be key to helping the club survive or will further cash injections be required to save us from sinking .

I don't know Shads. As usual information on transfers is undisclosed.

The things i have summarised are taken from published BFC Accounts, the Hong Kong Registry where BFC shares are registered and public statements from Directors or the Club.

The statement about the club losing £1 million a month was confirmed at the recent Shambles meeting by Parekh and this is only covered by the £3.2 million share money until January.