I'm still waiting for the accounts, that's just a brief summary with a positive spin.. in short "our wage to turnover ratio has increased but that's because we invested heavily in the playing squad". I think, in reality we need to cut our cloth accordingly.. even if it upsets Moyesy.
There's a summary in the Echo and it says the debt had increased by £7m and club made £3.1m loss in the year. It also says that debt to wage ratio now at 69%, up from 62%. I don't know how Robert Elstone can describe it as healthy when the last time the club turned a profit was 2005 (Rooney sale).
http://www.liverpool...00252-28131863/