The accounts really paint a damning picture of Ellis' running of the club. Before it was amortisation, apparantly that was done and dusted, unless we are still paying Alpay's and Balaban's salaries. Gates are down, TV revenue isn't yet but it will next season, We don't have any 'star' players who we can sell for big money. Even Davis would fetch 3 million max.
The whole club needs a complete makeover, major plastic surgery etc etc.
And FWIW I don't think a single member of the current board, including Stride who was around before Ellis, should stay. Ellis' position should be an honorary one at best which means all he gets is the nice directors seat at VP and thats it.