Chesh - Fact 1 and Fact 2 Without adding or taking away, Bates' last 3 years in charge saw Leeds post profits and your turnover was between £32M-£34M, What is your turnover now, and who is to blame for such a large decrease?
As Bates sold off all the catering and four seasons season tickets that's not a lot,and the number has to decrease as you can only sell everything once.
Was answered if £32 million included 4 years season tickets money then it was less than this years without.
Did he sell them off for 3 consecutive seasons then? NB : The value of future ST's sales Bates sold was £2M This figure was down to 0 in last years accounts and is now back up to £4M (twice as much as Bates mortgaged)
http://footballleagueworld.co.uk/massimo-cellino-we-have-serious-problems/ He settled the season ticket issue in 2014,but last year it's at £4M (highest its ever been) - how do you explain this Chesh?
Not according to Cellino or your latest accounts http://lufctrust.squarespace.com/bl...n-and-board-members-meet-massimo-cellino.html Bottom of page 14
The accounts are 2014-2015 He didn't post 3 years of profits and considering we started out after admin without debt,he left us with £19.4 million of debt.
Sorry - you are right. It was 4 years of profits not 3 2008 £4,9M profit 2009 £15k profit 2010 £2.1M profit 2011 £900k profit please log in to view this image "Since coming out of administration, Leeds have been profitable for four consecutive years, a rare feat in the ultra-competitive world of modern football. The combined profits before tax are £7.5 million (2008 £4.6 million, 2009 £0.015 million, 2010 £2.1 million and 2011 £0.9 million), while profits after tax are worth £10.1 million." http://4.bp.blogspot.com/-PmoHeD7v3...u4/bpvOHTcVD5w/s640/10 Leeds Profit Trend.jpg