LCFC Announce Financial Results

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Graz

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From the OS. In the last financial year (ending 31st May 2005) we had a loss of £3.5m after tax, compared to a profit of £4.8m the year before.
Tim Davies says the loss was expected as the club used much of the profit we'd had from being in the Premiership to try and get promoted again, however we did lose more than they'd originally budgeted, due to low attendances and all the staff changes.

To see in more detail: http://www.lcfc.premiumtv.co.uk/page/News/NewsDetail/0,,10274~716891,00.html

But that's the gist of it I think ;)
 
Only to be expected I suppose, but I hope this stops the people on the Moan In who phone up saying we should sign players for millions and the board aren't backing Levein enough.
 
you would have thought it would have been slightly better with the all the higher earners off the bill :102:
 
lazzer said:
you would have thought it would have been slightly better with the all the higher earners off the bill :102:

They were all still on the wage bill for the period quoted here Lazzer.

If income remains similar this season then I would think we will be at break even or maybe small profits.
 
DurhamFox said:
They were all still on the wage bill for the period quoted here Lazzer.

If income remains similar this season then I would think we will be at break even or maybe small profits.

Yeah we might break even this year, can't see us getting much of a profit with attendances being so low.
 
well if i didnt have a season ticket i would think twice about £27 for that :102:
 
lazzer said:
well if i didnt have a season ticket i would think twice about £27 for that :102:

exactly youre ok lazzer you dont have to do a 200 mile round trip for each home game count yourself lucky :icon_lol:
 
yeah well you dont have to get up eat an ulster fry and sink 8 pints before and the same plus a bottle of shiraz and chicken tikka balti after...... so think youself lucky about that madam :icon_eek:
 
lazzer said:
yeah well you dont have to get up eat an ulster fry and sink 8 pints before and the same plus a bottle of shiraz and chicken tikka balti after...... so think youself lucky about that madam :icon_eek:

My heart bleeds Lazzer, how do you cope!
 
people take the piss but its hard work i tell you :102: on sundays im absolutely knackered :icon_eek:
 
I would say well done to the board for these results. People questioned the point of banking over £4m the season before last season but this was fully villified by them anticaptating the losses last season. :038: :038:
 
lazzer said:
yeah well you dont have to get up eat an ulster fry and sink 8 pints before and the same plus a bottle of shiraz and chicken tikka balti after...... so think youself lucky about that madam :icon_eek:

Apologies folks, Lazzer has lost it a bit here, should read....

yeah well you dont have to get up eat an ulster fry and sink 2 Babychams before and the same plus a bottle of WKD (blue) and a chicken korma after......
 
apologies for durham who is in fact sticking up for YV in a vain attempt to win her favour in the unlikey scenario that he would ever meet her and in the even more unlikey scenario that if he did she would let him have sex with her
 
lazzer said:
apologies for durham who is in fact sticking up for YV in a vain attempt to win her favour in the unlikey scenario that he would ever meet her and in the even more unlikey scenario that if he did she would let him have sex with her

Apologies, again, for Lazzer who is in fact fleshing out his own chances with YV by trying force me in to their sordid little love trist to see if it entices YV to go to next base.
 
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