In the most recent accounts the club has negative total equity of £2.3m, whereas in the accounts to June 2013 total equity was positive at £2.8m.
I’m struggling to see how that’s a better financial position, but then Peter is cleverer than all of us, as evidenced by his recent refusal to answer questions during the Humberside interview on the basis that his interviewer wouldn’t be capable of understanding, so doubtless he’s right..
