Prestwich_Blue
Well-Known Member
So - revenue up £65m, wages down by over £50m with overall operating expenses down by £12m yet they still made a hefty £42m loss.
And if you look at exchange rate impacts on their dollar-denominated loans, they gained £22m from that, meaning an underlying loss of nearly £65m. Last season, the equivalent figure was a loss on exchange of £59m, which contributed to a loss of £34m. Take that out and their underlying profit last year was £25m. Where the fuck does their money go, because it's clearly not going on stadium improvements.
And if you look at exchange rate impacts on their dollar-denominated loans, they gained £22m from that, meaning an underlying loss of nearly £65m. Last season, the equivalent figure was a loss on exchange of £59m, which contributed to a loss of £34m. Take that out and their underlying profit last year was £25m. Where the fuck does their money go, because it's clearly not going on stadium improvements.