Cannot believe no-one has commented on the fact that we made a profit of £4.5m of which £900 is trading profit from a turnover of £23m.
Anyone know what this really means and what are the implications ?

I assume you mean £900k!

It means Chelsea and Spurs paid £3.5m for Woods, the other one (Tainwo?), and Rose...and we probably got decent compo for Poyet and Wise too.

Implications....well if we sell Delph and Beckford in January we should then have enough to buy back Thorp Arch ;-)


----- Original Message ----- From: "DAVID NATTAN" <[EMAIL PROTECTED]>
To: "list leedslist" <[email protected]>
Sent: Thursday, November 27, 2008 10:53 AM
Subject: [LU] profit


Cannot believe no-one has commented on the fact that we made a profit of £4.5m of which £900 is trading profit from a turnover of £23m.
Anyone know what this really means and what are the implications ?
Usually a few of you have stuff to say about finances and Bates.

Also ticket prices have dropped £1 per game cos of VAT reduction - any praise or criticism for the club on that one ? Will it make any real difference ? Is there anyone on the list who will now go to (more) games since it is £1 cheaper ?

Dave



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