Before we got there I would add.
Goes to show how made football really is.
http://gasheads.org/thread/7515/borrowe ... -june-2017
Metal_Green_Mickey wrote: Hmmm.....Blackburn (this season) surely would have been heavily in debt.
Sunderland were another.
It’s surely depends on the owners. For example, Sunderland were losing money in vast sums. However, the old owner was owed the money and wrote it off when the new owners took over.
Those figures maybe misleading because the debts maybe made up of loans made to the club by the owners, which might be written off in some cases.
It really depends on the type of owner you have and whether he is prepared to except losses to his own pocket, as some have done.
SatisfiedinSouthway wrote: There were figures published a while back showing the losses made by championship clubs , it made me question if I’d ever really want us to make it there again. Of course we all do but at what cost would it be ?
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