Sobering stuff and underlines, once again, our dependency on a certain Mr Gibson.
People will still bang in about it being trouseredYou can understand the sales of Spence and Tav to help balance the books
It is, but he does qualify for the free pint.Losses down to “only” £365k a week. That’s a hell of an expensive season ticket.
Without a doubt! Unless theres another very rich benefactor waiting in the wings.. which seems unlikelyWhat does all this mean for us? Without Gibson are we completely sunk without trace?
No more MFC? Is it that drastic?
He is certainly not “pouring in the cash”Sobering indeed. Happy that Mr Gibson continues to pour in the cash via the parent company, but this is one of the reasons you won’t find me criticising the club for not spending the Spence and Tav money.
And as is always true with our club, the less we seem to spend on players, the better they actually seem to turn out.
The club is losing £365k a week - and he is covering it. What else, exactly, would you have him do?He is certainly not “pouring in the cash”
Not really, yes we need prem football, but it's not brown pants time yet. I'm sure many clubs are technically insolvent, we have changed our business strategy now to resolve this, by buying younger playing assets and making profit from them. These accounts don't take into account the sales of Spence and Tav which might readdress that asset:debt ratio.It was this part, that while not a huge shock, broughtView attachment 48843 a sharp intake of breath