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Gibson still committed to Boro

Chairman Steve Gibson remains happy to bankroll Middlesbrough's efforts to return to the Premier League despite the club reporting a near £14million loss.

Last Updated: 27/03/14 at 12:52 Post Comment

Steve Gibson (r): Will continue to bankroll Middlesbrough

Steve Gibson (r): Will continue to bankroll Middlesbrough

The Teessiders' latest accounts show the club made a loss of £13.93million during the year ending June 2013, meaning Gibson and his ownership group are having to plough in more than £1million a month to support it.

However, chief executive Neil Bausor insists Boro are in a healthy position despite the drop in revenue they have suffered since relegation from the top flight in 2009.

He said: "Middlesbrough Football Club continues to hold the enviable position of being a club without any external debt and with a very stable ownership.

"Steve Gibson and the group continue to be fully committed to support our ambition to return to the Premier League.

"Balancing our ambition for the first team against a challenging environment of Financial Fair Play rules is not easy, but we remain determined to use our financial resources to the maximum effect."

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H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

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Toure: I am staying with City

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uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

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Toure: I am staying with City

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amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

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Toure: I am staying with City

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