You're using the wrong end point for Shepherd and the wrong starting point for Ashley. The accounts you have highlighted as the last set of accounts for Shepherd were the second last set. A year later and the profit was turned into a loss and the outlook was terrible as we didn't look like we were capable of changing anything going to a probable and well forecasted credit crunch which was certain to reduce income from the corporate sector. And before anybody claims we weren’t in a credit crunch, it was coming and the only uncertainty was when.
I thought that NUSC had claimed that the club was making a £7 million profit per month in the Championship? Have those figures been revised down?
