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rumours are it's now between 35 and 40m.
could be just greggs talk, but it wouldn't surprise me. can't see that they will have in anyway eroded the debt that pre-dates the jam tsar, and that squad of players (how many are there - it's over 50 now i think) must be racking it up given some of the salaries they're on.
if they are at or over 35m i think that sounds like an irretreivable position.
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I'm no accountant (edit:as you will see in a minute
To view links or images in this forum your post count must be 5 or greater. You currently have 0 posts.) but they can't be £35 million yet, I don't think. When Vlad took over, their debt was around £21m. At that time they were paying £4.5 million in wages and made a loss of £2.7 million in the year (04/05). Their wages have undoubtedly increased and their turnover may have increased too (though not by nearly as much
To view links or images in this forum your post count must be 5 or greater. You currently have 0 posts.). Unfortunately, as we have no idea how much, it's all guesswork from here but even if their wage bill has doubled to £9 million (they now have 59 players, many on big salaries) that makes an extra 9 million debt plus 2 x £2.7m (presumably they keep making the losses they were pre-Romanov), add on the increased revenue say £3million over two years and the money they got for Skacel (£1.5 m?), that's £9.9 million extra debt by the end of this financial year.
To view links or images in this forum your post count must be 5 or greater. You currently have 0 posts.To view links or images in this forum your post count must be 5 or greater. You currently have 0 posts. Of course that all depends on what sort of wages they are paying and how much is being paid by Kaunas as well as a zillion other factors that we and the Jamboids have no idea about yet.
Wow!!! You might not be far off!!!
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