Positive noises have been emanating from Liverpool FC’s offices in Chapel Street over the latest set of financial statements to be published
, covering the 2012-13 season. Whether through achieving record turnover
and breaking through the £200m barrier for the very first time,
reducing bank debt to £45.1m, or keeping interest payments manageable at
£4.4m per year, these are promising headline figures. But let’s take a
deeper look, and see whether that positivity should be believed, or
instead treated as spin.
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