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.
More Quotes from Bruce Buck:
The overall loss increase is, in the main, down to some exceptional items that were necessary in order to help us achieve our strategic business aim of break even by 2009-10. In simple terms, we have taken some pain now for long-term gain. He appreciates that this is a long-term strategy and he supports where we are and where we are going.Bruce Buck
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.
Bruce Buck
The past three weeks, teams haven't thrown the ball his way.
Bruce Buck
Even though I was a Chelsea fan, I didn't appreciate in 2003 that Chelsea was in particular financial difficulty. So it was an eye-opener for me when we were doing due diligence to see what the financial situation was.
Bruce Buck
From an operating loss perspective - which was 13m last year - that will go down but the total loss will go up because there were a lot of exceptional charges this year.
Bruce Buck
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