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Latest accounts released

Not seen them yet but it appears losses are up to £8.9m due to lower income from transfers and over £3m for cost of disputes, etc.

Also big rumours that MC has done one



comment by Jonty (U4614)

posted on 26/3/17

Accounts summed up in one sentence:

"A stable financial footing still remains outside the grasp of Leeds United."

comment by (U2671)

posted on 26/3/17

Comment Deleted by Site Moderator

comment by Stoopo (U4707)

posted on 26/3/17

comment by Jonty (U4614)
posted 46 minutes ago
Accounts summed up in one sentence:

"A stable financial footing still remains outside the grasp of Leeds United."

----------------------------------------------------------------------
It should read "outside the grasp of a Leeds United's owners"

The club has the potential to be self sufficient if we could manage to find an owner who didn't want or need to screw us over.

Hopefully AR is that owner.

posted on 26/3/17

It frustrates the hell out of me that if ran as a proper business, i.e investment and marketing of a quality, world known brand, potentially the rewards are huge. Yes I know it's much more than that but the powers that be seem to do the opposite and take the 'dividend" instead of reinvesting in basically a very solid return that very likely will be huge.

comment by (U2671)

posted on 26/3/17

Comment Deleted by Site Moderator

posted on 26/3/17

Walsall, Leeds United is a huge brand already, worldwide.

Ownership and the rent on TH and ER has deprived the team of the resources needed to develop that brand.

Audited accounts -YAY!!! Love to get a real breakdown of those "Other Admin Expenses!"

comment by (U2671)

posted on 27/3/17

Comment Deleted by Site Moderator

comment by (U2671)

posted on 27/3/17

Comment Deleted by Site Moderator

comment by Jonty (U4614)

posted on 27/3/17

Edoardo, 5k fine from FA, 5k loan from Lufc

posted on 27/3/17

With that loan to be written off at some point in the future?

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