It does seem remarkable when they are getting 30k in through the door regularly and still have one of the largest commercial incomes in the leagues but from what I can gather on Twitter seems to be Wages, Loans, costs of renting ground and TA and the fact that Ticket and Catering "deals" mean that we receive no income from those items. the 12-13 accounts should be posted fairly soon.
> -----Original Message----- > From: Nicholas Armit [mailto:arm...@yahoo.com] > Sent: 04 February 2014 17:51 > To: Richard Naef > Cc: Leeds leedslist > Subject: Re: [LU] It's worse than you think..... > > Why are we losing so much cash? Anyone know? > > Sent from my iPhone > > > On Feb 4, 2014, at 12:47 PM, "Richard Naef" <richard@triumph- > computers.co.uk> wrote: > > > > According to Conn we are losing about £1m per month! and according to > > the FT, on the 29th of January Flowers of Enterprise Insurance issued a > Winding > > up Petition on Leeds United Football Club Limited due to unpaid loans. The > > later may be a negotiating bid by flowers' consortium but it could > > also lead to administration as GFH have nary a pot to piss in anymore. > > > > > > > > The problem that I have with new group trying to take over Leeds is > > that they may have the money to buy the club BUT do they have enough > > to cover £12m per annum loss, buy back the ground and TA AND invest in > new players, > > as they are all just Businessmen I suspect not. > > > > > > > > TBH I think it’s all Bates' fault! > > > > > > > > ttfn > > > > > > Richard > > > > _______________________________________________ > > Leedslist mailing list > > Info and options: > > http://mailman.greennet.org.uk/mailman/listinfo/leedslist > > To unsubscribe, email leedslist-unsubscr...@gn.apc.org > > > > John 'Grampa' Sykes > > Rest In Peace old lad > > 28th Oct 1938 - 12 Nov 2013 > > MARCHING ON TOGETHER _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email leedslist-unsubscr...@gn.apc.org John 'Grampa' Sykes Rest In Peace old lad 28th Oct 1938 - 12 Nov 2013 MARCHING ON TOGETHER
