Quote Originally Posted by Lawnmower View Post
Seems to be a bit of an obsession here with the headline figures.

Accounts can often be totally misleading and hide a multitude of things.

Even then it's extremely complicated. Keith's explanation and also his comparison with City vs Bristol, Birmingham and Villa needs to be taken as a whole.

Unfortunately that takes a hell of a lot more thought and many many more words than is suitable for a messageboard and no disrespect meant but at least 90% of people still won't understand it, despite the excellent job Keith has done, because it really isn't a simple thing to understand.

One thing that is clear is we've been technically bankrupt for the best part of 30 years, maybe longer, and still are.

For the first time we have an owner who can actually cover the debt.

We aren't necessarily secure as one simple change of mind from Tan and we are back up shit creek.

Same goes for most other Championship clubs and many in the other divisions of the football pyramid too.
Ah, the old "It's worse at other clubs" or "it's the same everywhere" bat away. Nothing to see here, move on.