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Old February 15 2011, 05:03 PM   #3321
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Location: United Kingdom
Re: (UEFA) Football Thread - Football not Soccer

Yes, I remember it being a bit vague, but I can't imagine the 5m would have included wages/signing on fees etc. Unfortunately the bid never got far enough to be scrutinised further.

It's clear that GSE have spent more than 5m on fees, but a proportion of that at least came from the sales of Earnshaw, Miller, Jones etc.

I'd be interested to know what the wagebill was at the end of the promotion season. I think the LoG invested somewhere between 6m-9m during that season. They also achieved that alongside reducing the debt by a fair amount.

You're right though, not the best option and the bid definitely needs to be scrutinised.
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