oh dear oh dear. Accounts do not look good.

As much as I hate to criticise, but we've had, what £39m in from our "premier league adventure" and exactly what do we have to show for it?

Reading the EDP this morning it seems we are practically no better off than we were this time 4 years ago.
This I have to say concerns me.
The fact that we are already back in the position where we cannot rule out player sales to balance the books, and Delia is converting loans into shares to reduce the debt worries me.

Yes its hard to break even these days, I fully accept that. I also feel we had the right to expect much more to be made of the money gained from being in the premiership.
I see hard times ahead.

Posted By: megson, Sep 25, 08:31:17