20-01-2015, 14:24
It's not really about losses/profit it's cash flow.
Back then we might not have been losing money but we also weren't making the money to keep paying the tax man/players wages/up keep of facilities (Hillsborough and middlewood road). Now we're losing money year on year but we have the funds there to be able to pay these things.
This is largely down to having 1 owner who is willing to take the debt on himself and not bitch and moan about it, rather than 6/7 directors who didn't give a shit and left us to rot in the gutter
Back then we might not have been losing money but we also weren't making the money to keep paying the tax man/players wages/up keep of facilities (Hillsborough and middlewood road). Now we're losing money year on year but we have the funds there to be able to pay these things.
This is largely down to having 1 owner who is willing to take the debt on himself and not bitch and moan about it, rather than 6/7 directors who didn't give a shit and left us to rot in the gutter
Removed until we're actually on our way back 