Everyone cam draw their own conclusions...

As stated on here last week, cash flow is all that needs looking at. The P&L and Balance Sheet are interesting but cash is king.

Can the club keep a positive cashflow whilst meeting it's outgoings and servicing it's debt? Massive drop off un turnover next FY due to loss of parachute payments, that's why we have to cut our cloth accordingly.

Would be interesting to see the business plan and 5 year strategy to see what financial models have been used and how resilient they are.

Previous plans have beem over optimistic and not tested to appropriate confidence levels, I'm more confident of our propriety now.

Posted By: Worthing Yellow, Oct 31, 12:26:22