Cherries recover from financial problems

AFC Bournemouth are recovering from their financial problems.  They lost in excess of £1.5m in the year before the new management team took over, but that was down to £200,000 in the following year.  Their transfers are still under supervision from the Football League, but they allowed a loan from Spurs to go ahead which suggests they are happy with the way things are going.  Certainly, the production of audited accounts seems to be an improvement on previous practice.

AFC Bournemouth are recovering from their financial problems.  They lost in excess of £1.5m in the year before the new management team took over, but that was down to £200,000 in the following year.  Their transfers are still under supervision from the Football League, but they allowed a loan from Spurs to go ahead which suggests they are happy with the way things are going.  Certainly, the production of audited accounts seems to be an improvement on previous practice.