We sat down and said we wanted this club to be profitable. Peter and Paul were directed to put together a business plan that would make us profitable. Having said that, Roman has a reasonably long-term view - and the business plan that was put together was a five-year business plan. We are doing a lot of things to make the club more efficient and towards profit-making in five years' time.
More Quotes from Bruce Buck:
Having said that, we announced a significant loss last year and we are going to announce a significant loss today.Bruce Buck
What Montel allows us to do is to control the secondary so you can do more up front,
Bruce Buck
For the next five days, lawyers worked day and night they gave us a lot of financial information, so we understood there was an urgency.
Bruce Buck
(Worthy) is an athlete. We just have to find a place for him on the field.
Bruce Buck
Buck reveals the club was sinking in a quagmire of debt. I personally was surprised, ... They had a 75m Eurobond outstanding and it was perfectly clear to the markets that they might have trouble making the July payment. The then chief executive Trevor Birch had been in discussions for some time about restructuring that bond. The financial community as opposed to the football community knew there were some real issues.
Bruce Buck
We would like to put this incident behind us. We are not likely to appeal but we would like reserve that decision until we see the reasoning of the panel which we expect tomorrow. We are not overly happy with the decision but we certainly respect the decision made by the panel.
Bruce Buck
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