Firstly apologies for a thread about them but sick of this cash rich nonsense being spouted, Last night we heard they had 400million in the bank then changed to 200 million then another caller said 60million below is a quote from there year end results
These results, which declare sales revenue of £90.6m (2016: £52.0m) and a profit before taxation of £6.9m (2016: £0.5m), reflect the paramount importance to the Company of participation in the group stages of the UEFA Champions League.
I am no business genius but if they post a profit of 6.9 million surely that leaves them with an 83million hole to plug obv figures will be different but I believe they have spent more this year.
Is this the house of cards king is referring to, on they figures it would be very hard to recover 2 years out of the champions league.
Thoughts?
These results, which declare sales revenue of £90.6m (2016: £52.0m) and a profit before taxation of £6.9m (2016: £0.5m), reflect the paramount importance to the Company of participation in the group stages of the UEFA Champions League.
I am no business genius but if they post a profit of 6.9 million surely that leaves them with an 83million hole to plug obv figures will be different but I believe they have spent more this year.
Is this the house of cards king is referring to, on they figures it would be very hard to recover 2 years out of the champions league.
Thoughts?