Not sure if this has been flagged up before but it's a fairly sensational article about where Rovers money has gone. Enjoy.
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Is that because we're paying 10% p.a. on loan interest to Eddie D so that's >£10 million before we start?doffcocker wrote:Blackburn's accounts further beg the question of where our money is going. From the pieces I've picked out from this:
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it seems their wage bill has been in a similar region to ours for years and a larger percentage of turnover, yet their accumulated losses are nothing like ours.
The Accounts say that it's just over 5% -so not as bad as you fear. But its still £5 m each year- a couple of decent players in money termswanderlust wrote:Is that because we're paying 10% p.a. on loan interest to Eddie D so that's >£10 million before we start?doffcocker wrote:Blackburn's accounts further beg the question of where our money is going. From the pieces I've picked out from this:
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it seems their wage bill has been in a similar region to ours for years and a larger percentage of turnover, yet their accumulated losses are nothing like ours.
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