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Southern Football (incl Southern United) (Part 2)

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Posted February 13, 2020 19:27 · last edited March 18, 2021 07:43

Randeep29 wrote:

*GULP*


how in the world can that be sustainable is someone cooking the books somehow and can we see what fooball south are doing too. Has to be a big concern you think how can you even have a club with that sort of loss

Its not sustainable. Their equity was negative in 2018 and I hate to think what 2019 looks like. If they aren't getting Capital injections from somewhere then Southern United as an entity can't exist for long (but there have been 20 months since these results, so something could change)

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Unknown editor edited March 18, 2021 07:43
Randeep29 wrote:

*GULP*


how in the world can that be sustainable is someone cooking the books somehow and can we see what fooball south are doing too. Has to be a big concern you think how can you even have a club with that sort of loss

Its not sustainable. Their equity was negative in 2018 and I hate to think what 2019 looks like. If they aren't getting Capital injections from somewhere then Southern United as an entity can't exist for long (but there have been 20 months since these results, so something could change)
Unknown editor edited February 13, 2020 19:37
Randeep29 wrote:

*GULP*


how in the world can that be sustainable is someone cooking the books somehow and can we see what fooball south are doing too. Has to be a big concern you think how can you even have a club with that sort of loss

Its not sustainable. Their equity was negative in 2018 and I hate to think what 2019 looks like.