its on the Guardian website

Thanks for that.

Really solid results for a year without any silverware or even finals. That's £600k towards the Cronk fund then.

£500k went on the indoor training thingy remember

Very true. To have a pre-tax profit of £600k when we haven't won anything since 2012 is fantastic.

I wonder have we been spending at the full cap level and if not this could be why the profit is there? Its a great position to be in though!

If I remember correctly, when we signed the new Sky deal last year all SL clubs were given an immediate £300k. So it depends how that cash was recognised in the accounts, but it could also be a reason why we are showing a larger profit.

Its also on the Club Website.

I'm not an accountant and haven't looked at the figures but figures can be used in many ways.
Key points for me are -

1. Have we reduced / removed our reliance on SJM Promotions.
2. How much short term debt do we have?
2. How much medium / long term debt do we have and are we reducing it? (Eg filling in the corners cost 'x', if that's repaid over 10 years at (say) £500k per year, so £500k is included in the accounts, but we've still £4.5m debt - not suggesting these are actual figures).

£4.5m debt?

No RD - my figures are hypothetical just to illustrate a point.

Phew

In the Q&A beneath the south stand the new media fella gave a very honest and open insight into the finances. I can't remember the exact figures but he said we are way behind what Leeds have to spend.

Tony gave his honest opinion on Matty Russell too.

I think I remember that filling in the corners cost approx £1 mill