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Who is Vincent Fairclough........

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

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.

comment by TaraTV (U16260)

posted on 20/2/13

No I was basing it on

Halford £3 million
Johnson £2.7 million
Keogh £2 million
Ohara Free


comment by TaraTV (U16260)

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

comment by TaraTV (U16260)

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!

comment by TaraTV (U16260)

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.

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