Jim, that money has been spent

we ended last year with a negative net cash outlay and £1.5m in the red (working capital facility).

If you add a further -£8m, plus whatever it takes to change Neil (-£2m, -£1m for replacement, -£1m for change of staff, compo etc), we are back into debt territory.

Or you sell players.

They alluded to this in the annual report. We are a going concern only if you take into account player sales or external debt facilities that would be available.

Posted By: CWC, Dec 31, 10:14:17