ZacNaloenVictor Meldrew Surely the black hole is not infinite.
To suggest that it just goes on and on is incredibly negative.
Why on earth should there be a further black hole for a well-run business?
Our own business is well run and we certainly would regard a bonus of a net £3 million as significant and we would certainly feel a bit "flush" to use the idiom of our manager.
The deficit will continue until the club starts making a year on year profit. We are set to make some sort of profit with the sale of Gylfi, that much is obvious due to the fact funds are suddenly available... unless we spend it all on the wages of the new players we bring in. And then we'll have another deficit next year because we have these wages to pay and no extra income. Oh look we just sold another good player for several million. Problem solved... for another year.
With a club our size we aren't going to make a profit on the balance sheet without selling a player or two every summer, or stealing money from the hotel... not sure the hotel will like that very much. It's a painful fact, but that's the truth of it.
So as a trading company they might just as well pack it all in then?
I wonder how teams EVER get promoted once they are out of the Premier League because,just in case you hadn't noticed,3 teams do actually get promoted each year and not always do they have higher attenances,dearer season ticket costs nor more expensive car parking nor do they always sell one or two of their best players every season..