£20million Leeds have made in the last 2 years just from the sales of McCormack, Cook and Byram . You've only spent around £7million bringing players in - what has happened to the rest - Is it in a kitty somewhere for Monkfish to use wisley adding to your 1st team once you've finished kitting out your development squad with League 2 players and Premiership 3rd teamers?
So you lot don't know where it's gone either. Maybe a guardian is looking after it please log in to view this image
Accounts show we need £10m a year to break even so, as long as present owners are in charge, expect any young players worth anything will get sold and we will continue to replace with dross Accounts also had £34m for 'admin expenses' - I do wonder what's in there
Let's start with payments to gfh... Because Cellino didn't do dd. Payments to Cellino family... Because they are milking the club Tribunal and legal fees.... Because Cellino is a Cnut Garden leave expenses for all the departed... Because Cellino never learns
I thought the Accounts were "very good" this year - so people on here were saying - even the Irish Accountant
It was actually £2M loss after the £10M McCormack sale - so would have been £12M loss. Cellino has said that this years Accounts will be a lot worse
The irish accountant never said they were good. He said there wasn't the debt in the club you were saying there was. He said that while laughing at your attempts to lie/make up/be a dozy ****er about a healthy balance sheet, if you wanted to wum and worry leeds fans you could have pointed at the p+l account and not need to make anything up. But you were too dumb to do that. That's ok we understand you 're a banker and a brexiter
Which healthy balance sheet is that? How can it be healthy if it is only viable due to one off selling of finite major assets? What is considered medium and long term planning in Irish accountancy circles?
