Yesterday the club announced the financial figures for 2011. They're some interesting announcements...£3,504,000 profit, total turnover of £32,678,000.
The squad itself including first team and management cost £11,614,000. But the most interesting announcement was the club agreed for a £5,000,000 facility to part fund the East Stand Development.
It's hard to analyse the figures, I suspect some more will follow shortly. At first glance it looks like what we thought has been confirmed. Five million was spent on a stand which could have gone elsewhere....ahhh sigh.
Lets see what else comes out in the next few days/weeks.