Dr. No
Well-known member
- Nov 28, 2016
- 595
Everyone knows we lost a whopping £67m last season, are we in a bit of trouble?
[MENTION=34942]Dr. No[/MENTION] your assistance is required
No.
Everyone knows we lost a whopping £67m last season, are we in a bit of trouble?
[MENTION=34942]Dr. No[/MENTION] your assistance is required
Seems to be a bit of a fire sale going on this summer, with the club desperate to get players off the books....
We took a £37m loan out recently and the Amex expansion has been postponed. Bloom’s key businesses was said to be commercial property and sports gambling both of which have been hit very hard by COVID
Everyone knows we lost a whopping £67m last season, are we in a bit of trouble?
Are we sure we are not broke?
Are we sure we are not broke?
We have recently spent £11m on a computer that doesn’t appear to work so all’s good in the hood
We have recently spent £11m on a computer that doesn’t appear to work so all’s good in the hood
We have recently spent £11m on a computer that doesn’t appear to work so all’s good in the hood
We're obviously not broke, but - as the club have highlighted several times - we are on a route to financial sustainability (ie, we spend what we earn, and don't rely on TB to fund our losses). Just a cursory look at our accounts for the years 18/19 and 19/20 shows that there was a net cash outflow of £100m over those two years. A period BEFORE the real impact of Covid hit. The Ben White sale was a big boost to that sustainability in the short term, but it's a long haul.
Not helped by the chairman spouting off about being top ten . Not this season that’s for sure .
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Telling GP hauled him off after 45 minutes, & Taylor Richards was the preferred sub on Saturday. Time will tell I guess.Based on 45 mins?
I’m confident he’ll reboot and start working properly myself.