yes but last year we made a profit of about ?6 million
The debt is deceptive as ?15 million is tied up in the long term finance deal that financed the South Stand. This is only payable in manageable annual installments. Its akin to a mortgage.
Posted By: Jim on July 26th 2006 at 11:06:53
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
- 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
- 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
- Indeed (NCFC) - Josef K, Jul 26, 11:00:06
- Yeah - that rings a bell (NCFC) - Groningen Canary, Jul 26, 10:55:47
- I'm no expert either (NCFC) - Josef K, Jul 26, 10:50:17
- 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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