So where DID all the money go?

Last summer we received ?2 million for Damo, then a parachute payment of ?6 million, yet by January of this year we didn't even have the ?50,000 to pay for Robinson.
We must have cleared around ?2.5 million on the Ashton / Earnie deals, yet we were outbid by Derby for Howard.

The only explanation I can see for it is that the club must run at a massive operating loss - which seems odd given that we are constantly told how small the squad is.

Posted By: Josef K on July 26th 2006 at 10:36:59

Message Thread

So where DID all the money go? (NCFC) - Josef K, Jul 26, 10:36:59
- It all goes here .... (NCFC) - meeky, Jul 26, 11:18:09
- We *DO* run at an operating loss... (NCFC) - Arganth, Jul 26, 10:53:35
  - yes but last year we made a profit of about ?6 million (NCFC) - Jim, Jul 26, 11:06:53
  - I stand corrected (NCFC) - Josef K, Jul 26, 10:57:39
  - Most clubs do - it's unavoidable (NCFC) - Partial Angler, Jul 26, 10:55:15
    - Agreed. (n/m) (NCFC) - Arganth, Jul 26, 11:10:34
  - Dont most football clubs run at a loss? (NCFC) - DiscoDaleGordon, Jul 26, 10:54:23
- I'm no expert but I don't think we made much on Ashton (NCFC) - Groningen Canary, Jul 26, 10:46:43
  - I'm no expert either (NCFC) - Josef K, Jul 26, 10:50:17
    - Yeah - that rings a bell (NCFC) - Groningen Canary, Jul 26, 10:55:47
      - Indeed (NCFC) - Josef K, Jul 26, 11:00:06
        
        Not having 50K in Jan is absolutely shocking and on available data makes no sense... (n/m) (NCFC) - Groningen Canary, Jul 26, 11:08:48
        
        Again it was just propoganda (NCFC) - DiscoDaleGordon, Jul 26, 11:16:01
- CCW (NCFC) - DiscoDaleGordon, Jul 26, 10:41:49
- We weren't outbid on Howard (NCFC) - inutero, Jul 26, 10:39:26
  - Howard (NCFC) - norfolkram, Jul 26, 12:28:27
  - with respect (NCFC) - johnmcdowellshair, Jul 26, 10:45:01
    - ?1m wouldn't have been good business (NCFC) - inutero, Jul 26, 10:54:01
  - Obviously you must be right (NCFC) - Josef K, Jul 26, 10:44:47
  - so we were outbid? (n/m) (NCFC) - SCC 26, Jul 26, 10:41:18

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