Myra Hawtree 124 Posted April 8, 2020 Reported losses of £21.4m for last season. Share this post Link to post Share on other sites
TeemuVanBasten 3,327 Posted April 8, 2020 Just now, Myra Hawtree said: Reported losses of £21.4m for last season. A lot lower than ours last season. Share this post Link to post Share on other sites
JF 694 Posted April 8, 2020 13 minutes ago, TeemuVanBasten said: A lot lower than ours last season. Wasn’t our loss increased by promotion bonuses though Share this post Link to post Share on other sites
Hillhead 114 Posted April 8, 2020 1 minute ago, JF said: Wasn’t our loss increased by promotion bonuses though yes. I read in an article that they estimate about £20M bonus to be paid out to players and staff if Leeds are promoted. Share this post Link to post Share on other sites
TeemuVanBasten 3,327 Posted April 8, 2020 2 minutes ago, JF said: Wasn’t our loss increased by promotion bonuses though Well those were £10m, so still lower than ours even if you deduct that (which were £36m). Take away the bond repayment triggered by promotion and they are exactly the same. Share this post Link to post Share on other sites
dylanisabaddog 4,871 Posted April 8, 2020 2 minutes ago, TeemuVanBasten said: Well those were £10m, so still lower than ours even if you deduct that (which were £36m). Take away the bond repayment triggered by promotion and they are exactly the same. Sorry to be pedantic but repayment of bonds is capital expenditure and has no effect on profit. Only the interest element will appear in the Profit and Loss account Share this post Link to post Share on other sites
