I've just had a look through the accounts, it is very surprising that our wage bill is more than Man City. To me it seems very unlikely that players wages are higher, so perhaps we just employ a lot more staff.
Interesting that the £110 million loan from FSG is not interest free as we were lead to believe.
Overall its clear the club is in a good position financially. I expect that alot of the debt will show as repaid in next years accounts given the increase in TV money, matchday revenue from the expansion and the fact we didn't spend anything on transfers.
Overall FSG have done a good job financially and put in their own money. Now go spend some and take us to the next level on the pitch!
