Quote:
Originally Posted by peterstorey
This reminds me of the "When is a loss a win" thread. How did you "make money" last year - please explain?
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In terms of opertaing profit we increased the result from a loss of 37 mil to a profit of 7 mil, an increase of 44 mil.
Group turnover has increased from 173 mil to 210 mil, an increase of 37 mil.
Group interest payable is 81 mil this season, down 32 mil on last seasons 113 mil.
We are making a loss but at least it's progress.
At the end of the day unless your sat in the Glazers audit meeting you dont know what exactly is in these figures.
I work for a Ltd company thats a lot bigger than Red Football and you would be amazed at some of the things we can put through the books.