potentially very healthy accounts on the face of it. However, not a typical trading year with huge govt covid grants, PL grant, ins payout and the NHS rent. Importantly furlough will have saved the club a huge amount of wages.
Real concern is that far from being sustainable as a trading entity the club is wholly dependent upon one individual sugar daddy. seems he has put £21m into buying shares from JB and new shares issued.
Need to stop the reliance on SH unless he is prepared to bank roll the club going forward or the 'overspending' will catch up pretty quickly.
Real concern is that far from being sustainable as a trading entity the club is wholly dependent upon one individual sugar daddy. seems he has put £21m into buying shares from JB and new shares issued.
Need to stop the reliance on SH unless he is prepared to bank roll the club going forward or the 'overspending' will catch up pretty quickly.