Well here's how

?5 million of profit from last season was moved into the previous years accounts for taxation purposes. So - we could make, on paper, a loss for last season - whereas in reality there was a healthy profit. So if they're claimimg that a paper loss for last season ties our hands financially, that's just sophistry.

Posted By: Winged Eel Creosote, Jul 19, 17:21:22