and did Wolves pay him 1.19 million?
"The club has three directors – chairman and multi-millionaire Redrow founder Steve Morgan, Vincent Fairclough and Jex Moxey. No dividents were paid and its top-earning director picked up a total package of £1.19 million"
Wolves post profits of £2.2 million for its last financial year.
Read more at http://www.birminghampost.net/midlands-birmingham-sport/west-midlands-sports/wolves-fc/2013/02/20/wolves-post-a-profit-despite-on-pitch-struggles-65233-32845944/
By Graeme Brown
Who is Vincent Fairclough........
posted on 20/2/13
Papers said £7m, Wolves said undisclosed, general consensus was £4.5m.
This is getting shadier by the second...
posted on 20/2/13
The article gives net spend Herb (as our accounts always do) so all you can say is that it cost £7.7m plus what we got for Halford & Keogh to buy O’Hara, Johnson & Jonson.
posted on 20/2/13
No I was basing it on
Halford £3 million
Johnson £2.7 million
Keogh £2 million
Ohara Free
posted on 20/2/13
Accounts was never my strong point. Hey, I struggle with basic math.
posted on 20/2/13
maths
posted on 20/2/13
And English(UK) apparently
posted on 20/2/13
Yeah but I do excel at colouring in.
posted on 20/2/13
Keep up the good work and you’ll end up as milk monitor as well as paperboy!
posted on 20/2/13
Mere dreams at the moment Tats, a bit like the one I was having last night, when somebody offered me a football club for £10 and I was raking in millions every year.
But it didn't stop there the club was relegated and I got rid of all the high earners and doubled my profit.
posted on 21/2/13
I don’t want to dedicate a new thread to this but if you think financial prudence is something we shouldn’t be worried about and that it’s always OK to spend just a bit more just take a look at this
http://www.ja606.co.uk/articles/viewArticle/191020
Derby hardly “did a Portsmouth” while in the Prem and yet they are still losing £8m a year after coming down three years ago.