We are run by a businessman who apparently has the midus touch in the financial world so how come we have lost so much money when the revenue from the Premier League was so lucrative? http://www.bbc.co.uk/sport/0/football/31649303
Bob - saw that story quite a few hours ago and was waiting for the first to put it up as a thread - I just knew it would be you........... This is all very interesting though. You could say if Malky hadn't bought Cornelius, we could have broken even eh?. Taking that further, Malky would probably still be with us and we wouldn't have had to fork out that £2M on Solskjaer, we could still be in the Prem, and even shown a profit on that year by getting a higher PL merit payment for our higher finishing position. Hey ho, such is the life of a CCFC supporter.
That's one hell of a debt you boys have there, you'll just have to knock the free bar on the head lads!................
A good analysis of the accounts (which makes sorry reading) is here: http://www.ccfctrust.org/?p=4314