by RoyalBlue »
22 Aug 2011 13:44
That Friday Feeling RoyalBlue We are repeatedly told what a well run business RFC is yet, at this moment in time, the Chairman can't say whether it is breaking even or not!!!

The chairman's inability to accurately forecast matchday and away fan ticket sales, the cost of potential transfer targets, injuries and subsequent signings, who we'll draw in the cup and how far we'll progress is undoubtedly a worthwhile stick to beat him with.
And with that comment you show how little you know about accounting and running a business.
At a point in time (e.g. at the end of the last accounting period) you know whether you are making a profit, making a loss or breaking even. if Madejski doesn't have a damn good idea, then that is absolutely staggering. I would suggest it's far more likely he was dodging answering the question.
Any politician would be proud of the way Madejski went through that session without really providing any answers of substance.