Quote: a.n Other "I know the cap hasn't anything to do with the huge losses you
reported. However, with you club recenty coming out of administration they may be looking at your cap in more detail than ours. After all, we are currently no where near the cap limit. Are your club?'"
The cap is more concerned with revenue (than profit or loss) which reached close to £1million pounds in the last twelve months.
How do your figures look? Have you released them? Can you be sure that you are not posting losses yourself?
Admittedly the loss was sizeable but nothing to be concerned about as it was due to a massive investment of around £1.8million in the clubs infrastrucutre. A one off non-repayable amount which should make us even more desirable for Sooper Leek. What will our figures look like next year without these numbers? Incredibly healthy for any club in this sport.
Plus the £1million revenue was not due to the pockets of one man showing that we are self sustainable as an operation now.
Our administration is history now.. just as your administration is history.
Plus seeing as you have the information that you are nowhere near the cap pray tell what is your total salary cap expenditure looking like for the next 12 months? In fact what will your cap be next year?
