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The business problem we face is that our annual revenue is around £16 million (see Note 2 ) and our expenditure is around £32 million (see Note 3).

 

How that hole gets filled is the key question we need to be asking.

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We seem to be really small fry these days.

 

One wonders if our potential would increase somewhat if we ditch our controversial baggage...

 

It's really mostly gone. Compare the club from 1984 and now and the difference is night and day. All that's left to do is nail down the lid on the coffin of dodgy behaviour, and its possible that business deals may be able to help in this: some deal with clauses which reward us for our usual behaviour (money for nothing, really) but penalise should we slip would help instill a more disciplined ethos among the fans.

 

Just need to find a progressive business who want to be associated with a societal changing movement within the country's biggest sporting institution. Obviously that is marketing bullspeak, but that's how we can bring in the millions, by wrapping it up in cobblers and selling it to the market. A bank that is desperate to rebrand itself as forward looking, perhaps, or Toyota, looking to shift their hybrid cars, or a challenger to the big two of Coke or Pepsi in the soft drinks market: it would take hard work but it could be done.

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Load of unnecessary panic by the sounds. Wages are too high but money hasn't been stolen, and we aren't going into administration again.

 

Pointing out that we have a £16 million revenue hole is hardly 'unnecessary'.

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There's no problem asking questions but it's all gone way over the top.

 

Not really. Some of the self-enrichment of certain directors and former directors which the accounts have revealed is outrageous. Additionally, the way we have been burning cash and certainly the way our cost base is out of control suggests gross mismanagement.

 

What these accounts tell us is that, unless drastic cost cutting and/or revenue generation measures are put in place soon then we will be broke in a year and will have to find funding from somewhere.

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There's no problem asking questions but it's all gone way over the top.

 

The cost of £5,681,000 for raising funds ostensibly the IPO's £22m now that's something that is way over the top.

 

A breakdown of that figure would be very revealing wouldn't it?

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