Why would profits be down?



Paying off the loans would not hit the p/l

Only loan interest would be in the P&L

IIRC, Leeds posted a turnover of around £10m last year. I'd expect ours to be at least half of that.



£2m from ticket sales throughout the year

£1m from merchanside

£1m from Sky rights

£1m from sponsorship

Rest from prize money, etc?



Can't be too far off.

Sponsorship will be nearer 3/4 mil. imho

Dont ask me , im not a bean counter





Just though if we made 250k profit per year, but then decided to pay 200k off loans, for example, so net profit is only 50k.

=#FF0000Hull have once again included their players as ‘intangible assets’ on their balance sheet, placing a value of more than £1m on their playing squad, as part of total assets of £1.42m.

It is a move which auditors Sadofskys stress is not in accordance with financial reporting standards.

However, FC have always justified including players as assets due to the huge impact they have on the success of the business in terms of results on the pitch, stressing they do not impact on profits or losses shown in the accounts each year.

You really are quite dense, aren't you?

So we made a profit still, thanks for clearing that up

it's been irrelevant since we started doing it, which was before your shower were in SL.



I am sure if Companies House or HMRC had an issue, we'd have had a fine and changed how we do things.



Just think, your losses and debt are nearly 4 x the value of our assets!

Can you show proof of this ? , or are you all still smarting at Mr Allam's gift

The clue is when they can't spell their user name properly

whatever you say