Balance sheet. Profit Recent Premiership side - parachute payments et al...</p> Large gate, strong fan base.</p> Sold Peter Crouch (£7M) </p> Sold Kevin Phillips (£1M)</p> Sold Theo Walcott (£5M)</p> Sold Nigel Quashie (£1.2M)</p> Sold Gareth Bale (£5M)</p> Sold Kenwyn Jones (£6M)</p> Sold Chris Baird (£3M)</p> Total In £22.2M + Others at <£1M</p> Liabilities / deficits</p> High cost of new stadium though offset by land development on the Dell.</p> Rupert Lowe.</p> Root Cause</p> Probably getting taken over (55% share) by the hedge fund specialist SISU with the club suffering the saqme down turn as the finance firm did.</p> Rupert Lowe's incompetence. E.g. Appointing Clive Woodward onto the training staff.</p> --------------------------------------</p> Lie down with dog's - get up with flees.</p> There but for the grace of god go we..........</p> </p>
a bit like us then... when it comes to deciding to give Davey the sack . just cannot take that decision to get rid of the root cause of the mess we are in .