velo army Posted 3 hours ago Share Posted 3 hours ago 2 minutes ago, 0neTeamInGlasgow said: I am just trying to figure out how they are talking of losses of circa 3 million this season, I mean how? WTF are they spending it on.... The figure I heard was 4m. I don't have any understanding of football finances, but the chat from the Caley fans seems to be that the owners were utter sheisters. Having to find £220,000 this week alone sounds like a huge ask. 0 Quote Link to comment Share on other sites More sharing options...
Reggie Perrin Posted 2 hours ago Share Posted 2 hours ago 7 hours ago, velo army said: Reading about the Shakespearean tragedy unfolding in the Highlands and the amounts of debt involved. I was in my teens when the Save The Jags campaign started but I remember how it pretty much exploded with fundraising events and all sorts. This was.pre-internet too. I'm just reflecting on how great an effort that was for such a small club (us, not the teuchter Frankenstein outfit) to pull itself back from the brink. I'd actually love to read a retrospective of that period to get a better understanding of the severity of the debt and how the f**k we got out of it. I remember getting relegated to Div2 and essentially thinking that this was it for us. Green dot for teuchter Frankenstein outfit. 0 Quote Link to comment Share on other sites More sharing options...
DiegoDiego Posted 1 hour ago Share Posted 1 hour ago 1 hour ago, velo army said: The figure I heard was 4m. I think the £3.8m is total debt accumulated over years, not what they've lost this season. £1.2m is what they need to get them to the end of this season, unless the battery farm planning permission goes through. 0 Quote Link to comment Share on other sites More sharing options...
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