Bowden: Finances Improved
By Aston
September 8 2008
Town’s Chief Executive Derek Bowden says the clubs finances have improved since the take over by Marcus Evans late last year.
Although no accounts will be made available this year as the club is now a private company Bowden is happy to announce the club is on a more secure financial footing then it has been in the recent past.
Bowden: "As a private company there will be no report or accounts published for the general consumption of the public.
"There will be a shareholders meeting for the plc but the reporting regime is quite different now as it is a private business so the general public will not see the accounts.
"Our financial position has improved. No question about that.
"It has enabled us on the playing side in our ability to make choices about players brought in and not being sold.
"In the past there was almost always a requirement to move on a player to balance the books, that is no longer the case.
"The day today running of the football remains that but the ability to choose what to do with the playing squad has been the most significant change."
Source: Green Un
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