21 Nov 2025 14:45:41
For any of our posters with knowledge how are the latest accounts for the ckub. I read 15m loss but without transfers included. Will we get back to at least breaking even anytime soon.
21 Nov 2025 15:08:40
expect the transfer costs in and out to balance out roughly so yah still making a loss, so anyone thinking we could have just plodded on with out the buy out should be clear now it isn't sustainable the way we were running the club.
21 Nov 2025 18:23:12
How do we lose £15m but gain cash reserves of £30m in the bank?
21 Nov 2025 18:29:45
i think most money for players sold will be in next years accounts
i may be totally wrong in that of course as i can't really remember dates now.
21 Nov 2025 20:16:12
There is a good interview with the Finance Director on RTV who explains all this. We have turned a £10million operating loss into a £2.7 million profit before player trading. He explains that player signings fees are spread over the length of their contracts but sales from Igamane, Jefte, Dessers etc are not in these accounts.
Cash reserves are high because of the £20 million invested by the new owners.