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| Where Did All Our Money Go | |
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| Tweet Topic Started: May 23 2011, 08:02 PM (192 Views) | |
| brumtum | May 23 2011, 08:02 PM Post #1 |
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Geoff Horsfield
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Hey people can you remember about 3-4 years ago a link was posted on here showing we were the ONLY team in the premiership in the black,Acouple of years later with the £50 mill x2 for been in the premiership plus winning the League Cup and getting good crowds ,Where has all our money gone ? We are not big wage payers so it aint there and we have spent little on players but now they are saying we are deep deep in the brown stuff. feed.back |
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| BCFC_01 | May 23 2011, 08:09 PM Post #2 |
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Garry Pendrey
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I honestly dont think we were in the black, just my opinion (not fact), this was confirmed when Yeung, had a look at the books and found that there were outstanding payments which was hidden by Sullivan. This led to Yeung threatening to take Sullivan to court, unless he paid up. Sullivan, eventually settled up, outside of court. |
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| brumtum | May 23 2011, 08:15 PM Post #3 |
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Geoff Horsfield
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Im Not sure who or what to believe but i did read the link and wish i kept it,Im sure sully said they left us in the black but again who knows,I do get a feeling with the new owners we are close to going back to the Kumar days KRO. |
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| .Griff. | May 23 2011, 08:18 PM Post #4 |
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Geoff Horsfield
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Blues weren't the only Premiership team "in the black" so to speak. Stoke comes to mind straight away for example. As for Del and Rodney "keeping us in the black" I'm sure some of their own money went into the club to "prop up" the figures and lead us all to believe we had no debts at all. As for "where's the money gone" CY has had to borrow to buy the club meaning we're now in debt and we have to service those debts. |
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6:58 PM Jul 11