Club statement and latest financial details.....
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I'll wait for GoM over the road to decipher them should be interesting to see how the business operated under Madrox.
Initial glance profitable until exceptional item taken into account presumably Alvarez also some payments to companies owned by Donald. Guess that they will be to cover cost of Fox and expenses for Donald
It's the next accounts that will be real sh●t show with full impact of the pandemic
So cutting to the bone from financial point of view worked shame it shafted the football side of the business.
Spot on marra3 pages of ****e greatly punctuated by Kildare Mackem before GOM appears, says it's gonna take a while but might not be that informative because all the juicy numbers will be in the various sub-companies, which still have to file their results.
End of the day we know what the club was like when KLD took control.
We know DonLd bought the club using club parachute money. We know he sold kids on and, excluding one major madness, spent sod all on players. We know he was gambling on a quick promotion and sale of the club.
I don't need any forensic analysis of the club's books to tell me SAFC were shafted by Donald.
I am just a normal (ish) bloke who wants to watch his team play and chat about events on the pitch, at the training centre and about transfers and rumours.
I hate it that modern football is so much about the finances yet the rules of business seem to exist solely for the purpose of hiding what is being spent from both fans and the tax man.
Most of all I hate it that the AOL Lift and The Monorail are no longer talked about. Priorities, gentlemen, priorities! I want to know if we'll be crossing the river in comfort or if Donald has screwed us so much that we'll have to use a zip line instead of a monorail.