morgan effectively paid off debts

and they put profit aside for capital expenditure.

As you say, their finances are well-run (shame about the rest of it)

Posted By: Henclrikus on May 9th 2012 at 11:42:17

Message Thread

Premiership debt - from the Independent (Other Football) - Claygate_Canary, May 9, 11:16:43
- Wolves don't look quite so badly run anymore (Other Football) - Ben, May 9, 12:25:43
- Funny. Man City aside you could turn that upside down and it would look pretty close to (Other Football) - Steve in Holland, May 9, 11:47:25
- Does that mean Wolves and Swansea are debt free or that the figures aren't available? (n/m) (Other Football) - Klobo04, May 9, 11:19:14
  - I can't see how they can be debt free with their new ground/stand (n/m) (Other Football) - Klobo04, May 9, 11:23:32
  - I think Wolfs might be (Other Football) - Duck, May 9, 11:21:17
    - morgan effectively paid off debts (Other Football) - Henclrikus, May 9, 11:42:17
      - tbf (Other Football) - Firstnews, May 9, 11:58:07
        
        yes, gd point. (Other Football) - Henclrikus, May 9, 12:14:55
- Fulham are ?190mil in debt?? (Other Football) - Trent_Canary, May 9, 11:18:54
- I can't believe Swansea have no debt (Other Football) - Duck, May 9, 11:18:53
  - council built it, council own it. (n/m) (Other Football) - Henclrikus, May 9, 11:40:43
    - they should have sorted the drug problem out first (n/m) (Other Football) - Brandonio, May 9, 14:15:15
- Jeez Bolton must be sweating (n/m) (Other Football) - Tricky Hawes, May 9, 11:18:53
  - They look in the total shit - all that debt and Ngog up front... (n/m) (Other Football) - phrankin, May 9, 12:41:35
- European spot (n/m) (Other Football) - Brom, May 9, 11:18:36
- that Man City figure looks suspicious (n/m) (Other Football) - mr carra, May 9, 11:18:18
  - It does - even though they were effectively given the commonwealth games stadium (n/m) (Other Football) - woody, May 9, 11:48:48
  - swapped loan for equity (n/m) (Other Football) - Henclrikus, May 9, 11:43:59
    - I thought Abramovich had done the same at Chelsea? (Other Football) - mr carra, May 9, 12:01:28
      - Well, it used to be loans from opaque off shore companies (Other Football) - BerlinCanary, May 9, 12:07:52
        
        eddie little (Other Football) - Henclrikus, May 9, 12:16:00

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