matters not the reason, a transfer fee was still paid
Was it ? Dundee Utd were paying in installments for both Brew (compensation) and Proctor (transfer fee) and there is/was a lot of discussion/speculation as to whether they ever paid in full.........
Anyhoo, that particular deal aside, the bottom line is that we are still a loss making side who need to pull out some good cup revenue or transfer profits each year to break even. The last couple of years have been decent for us but the simple fact is that most years, any unexpected revenue simply goes to keeping us in the black.
This year, the 'profit' from the Rankin deal might offset the increased wage bill, otherwise i fear we will make a loss because of our early cup exit.
why would we be making such a loss each season when our infrastructure has hardly changed since we were in the lower divisions. We were in the Black when we were promoted, our salaries haven't increased so much and if anything should be matched by our increased attendances and extra tv revenue. There hasn't been any massive changes on the merchandising side of things, the 2 stands seem to be our only real major investments and were sponsored and contributed to by Tulloch
Obviously there will be a lot of things I have missed but on the whole we should be up a fair bit of cash. Maybe saving up fr something i.e. a fourth stand, a rainy day or a big signing
might just have gone in the back pockets