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Tealeaf · 22-09-2006, 15:28

I would suspect that the reduction in liquidity was mainly caused by a substancially higher wages bill arising from the switch to professionalism in the 04/05 season. It is also interesting to see that the club received a cash injection in the form of the increase in paid up share capital. Otherwise, there would have been alot less than nowt in the bank.

22-09-2006, 15:28	#8
Tealeaf God Member Join Date: Jan 2004 Location: Paradise Lost Posts: 7,220 Liked: 11 times Rep Power: 4266	Re: Budgetary Aims? I would suspect that the reduction in liquidity was mainly caused by a substancially higher wages bill arising from the switch to professionalism in the 04/05 season. It is also interesting to see that the club received a cash injection in the form of the increase in paid up share capital. Otherwise, there would have been alot less than nowt in the bank.