£6m loss 2008/09 season

[fox58]

http://news.bbc.co.uk/sport1/hi/football/teams/l/leicester_city/8690328.stm

 

[Harbro-Fox]

Why have we only just recieved the news for the 2008 - 2009 season when we have just finished the 2009 - 2010 season ?!

 

[Blue Maniac]

Why have we only just recieved the news for the 2008 - 2009 season when we have just finished the 2009 - 2010 season ?!

Astounding.

 

[Blaby blue blood]

Astounding.

It is quite stunning isnt it? :icon_lol:

Never fails to amaze!

 

[Cate Fox]

Astounding.

come on, in his defence he wouldnt know...

 

[Blue Maniac]

come on, in his defence he wouldnt know...

Right. Why not?

 

[Cate Fox]

Right. Why not?

Cant you leave him alone for 5 minutes?

 

[homer]

Right. Why not?

Because he's thick as two short planks

 

[Jeff]

Right. Why not?

I'm pretty sure when I was his age I didn't know anything about the way businesses worked, we didn't get taught that kind of thing at school.

 

[Blue Maniac]

Cant you leave him alone for 5 minutes?

I'm not picking on him. I like Harbs. He's not as daft as some others on here.

I'm pretty sure when I was his age I didn't know anything about the way businesses worked, we didn't get taught that kind of thing at school.

What does he do at college?

 

[Jeff]

What does he do at college?

As little as possible, if he's like most students.

 

[Blue Maniac]

As little as possible, if he's like most students.

:icon_lol: I thought it was business studies, although I might have made that up.

 

[Cate Fox]

I'm not picking on him. I like Harbs. He's not as daft as some others on here.

hmm

 

[Blue Maniac]

hmm

I didn't mean you :icon_bigg

 

[Foxes_Trust]

Why have we only just recieved the news for the 2008 - 2009 season when we have just finished the 2009 - 2010 season ?!

Accounts are late, they should have been filed by the end of Feb 2010 & therefore the club will have incurred a fine.

 

[Dour]

So, in those accounts, debt at £35.5 million. Another £10 million injected by our chairman - so that makes at least £45 million in debt. It's not looking sustainable, despite the kind words of Milan.

 

[Dour]

Interesting revaluation of the stadium in the accounts - up to £44 million on a 'continuing use' basis - just as its market value collapsed since the egg-chasers developed Welford Road.

 

[RHYDAL]

Jeez you're in worse shape than us.:icon_eek:

 

[SJN-Fox]

Playing squad valued at £10m :icon_eek:

 

[fitz]

Playing squad valued at £10m :icon_eek:

I assume that Peter Taylor was drafted in to do the valuations