The company's annual report & accounts has recently been published and will shortly be despatched to shareholders and bondholders.
Anyone interested in obtaining a copy should contact the club.
Set out below are the key features of the results for the period.
Year Ended Year Ended Profit & Loss
Account31 May 200131 May
2000£m£mTurnover38.135.7Administrative
Expenses[41.5][36.4]Interest Payable[1.3][1.0][4.7][1.7]Profit on
disposal of
player registrations18.05.6Amortisation of
player registrations[8.8][6.0]4.5[2.1]Exceptional
expenses[9.2]-Loss for the year[4.7][2.1]
*Administrative expenses include wages of £28.1m (2000 -
£25.1m)
*Exceptional expenses comprise compensation for loss of office
(£2.1m), a contribution towards the deficit on the Football
League Limited Pension and Life Assurance Scheme (£1.4m) and
the write off on demolition of the former West Stand
(£5.7m)
Year endedYear endedBalance sheet 31 May 2001 31 May
2000 £m£mFixed
assets 45.0 39.1Intangible assets
cost of player regsitrations20.519.165.5 58.2Current
assets12.75.0Current
liabilities[24.2][19.1] 54.044.1Long term liabilities
and provisions[34.0][17.6]Net assets20.026.5
*Current & long term liabilities include £25.7m of bank and HP borrowings (2000 - £17.1m)