If the directors call their loans in they will get nowt, so they are highly unlikely to do so are they. It paper debt and will be handled over the coming years, lets face it Hudge, Rob Crossland and the latest recruit (forgot his name) have built highly successful businesses which has been done with astute business sense and not by accident.

I know nothing about accounting, but couldn't we put a value on each player and add this to the balance sheet, you never know, it might put us in profit

I understand the peppercorn rent for City and FC is over- next season FC will be charged 600k for tenancy!

myth, we only had a rent/terms review about 2 years ago, and we only have them every 5 years.

as is well known, a large part of our deal is based on crowd % rather than a flat figure anyway

Thanks for that James - can you put that in writing ( non-invisable ink please)

It does look bad but i guess the only people with the full picture are the ones in charge. Merchandising is letting you down in a big way from what i have seen and read.
Will be interesting to see how you fare next year.

Unlike some i do not want to see you go out of business, i enjoy the banter (although tedious at times) and we have shown before this city can support two top flight RL teams.

the 3mil debt is a load of tosh watch this space..............the legal war begins

If it was a load of tosh it would have been refuted immediately. The fact that Sky sports and other sources are also reporting on this debt tells me that it is true. (The HDM may print unfounded crap but other media sources are a bit choosier with what they allow to go to print or air)

You do know the accounts have been filed and signed off by your Chairman don't you? And that this is were the information as come from.

we'll see