The four in question are already directors of the club

Well as far as I know the total sponsorship package from France was £240K over 2 yrs. He was part way through his second year when he went bust so to my reckoning we will have had over half that amount. I would therefore have expected the loss to be no more than around £100K (Perhaps daddycool knows different).

But if it was for the full £240K then it means we allowed him a full years sponsorship without him paying us a penny and then also allowed him to carry on doing it in to his second year till he went bust.

AG is on record saying France going bust and the postponed Leeds game left £300k hole in the budget. If that's is accurate then its scenario two.

France paid in instalments,rumour has it and the lost Leeds money was before the last signing.

The Eric France deal was due to run until the end of 2014 and was I am told worth around 10K a month. So the two scenarios are -

We received nothing from them this year and the final years contract due next year was void due to liquidation. = 240K. AG is being 'creative' with the figure lost.

We received nothing last year and due to them going bust and received nothing this year. = 240K. As CEO, JE continues to allow all Eric France branding to remain in place despite being a year in arrears? Really? Surely he would not be that stupid would he? If so then he should be hauled over the coals.

And bear in mind in all this that a new sponsor was found in early march to offset some of the shortfall. A 'six-figure sum' was quoted. And ultimatley the Leeds match will have pulled more in on a warm July evening as opposed to a dark chilly night in early April, so more revenue there.

So as we stand, after a cashflow delay, our shortfall not 300K so i'm assuming that now the gap has been filled the debt has been repayed in full? Or has someone just got their sums wrong AGAIN?

The point about signing a well paid overseas player in a salient one, as is the waste of a wage on a player not up to the task in Molloy. I've said it before and i'll say it again, it is time for a change of leader.

We just need a helping hand by someone who knows what there doing?
If I were AG I'd be on the blower to Steve Ferris to see if he needed any new windows?
James Elston promoted to chief pimp of the wildcat dolls!
Or just give him his P45???