Accounts are out for 2017/18 - revenues over £500m, profit of £10.4m

[Jim Tolmie's Underpants]

Rubbish.

 

[Thomas Hearns]

Astonishing progress from where we were.

 

[Corky]

Most of the profit was Mooy and looked like transfer pricing if we got him for nowt from Melbourne.

Still four years of breaking even isn't bad.

 

[Tim of the Oak]

Good figures overall but a couple of bum notes. Other operating expenses (excluding wages) are still increasing in line with revenue when I'd have hoped they'd stay pretty much the same. Also there was cash introduced of £58m during the year. There's no cashflow statement so it's not really possible to say if that's for a specific purpose or to prop up cashflow, when we've been self-sufficient for a few years now.

Could it have been for the Laporte signing, Colin?

 

[Pablo ZZZ Peroni]

Could it have been for the Laporte signing, Colin?

See post #50 - he speculates it might be.

 

[Tim of the Oak]

See post #50 - he speculates it might be.

Thanks Pablo. I’ve just been reading through the pages and catching up. I probably read through all of them before commenting.

 

[CatMan]

I'm no accountant but would it be fair for me to assume we are doing O.K.?

 

[Blue Mist]

I'm no accountant either so can I ask, has anyone taken money out of the club before the profit was announced in the same or similar way to the Glaziers. I am thinking that the Chinese investment must be getting yearly dividends.

 

[deano ou812]

Club is only getting stronger on the field and with these figures off it as well,read it and weep for all the bitters out there ..

 

[crazyg]

Who'd a thought, 10 year ago, we'd be sitting here talking about a half BILLION pound turnover and a £30 Million pound profit.

In them days, we had to raid the charity box to pay the wages.........................................................