Thank God someone has finally said that. What we sell a player for is totally irrelevant to what we might deem his worth 12/24/36 months later - totally and utterly irrelevant. "due diligence". Morgan's comments at the AGM have once again been shown to be child-like in terms of financial understanding. As I understand it (I wasn't there), I believe he took a figure shown as a receivable to be a debt - I believe the figure related to season ticket revenues (that have already been received) but have to be shown as a receivable because the matches for which people have paid have not yet been played (so the service paid for has not yet been provided). That may not be 100% what happened, the story is 3rd hand, but he certainly once again showed that he is not the kind of person you would want looking after the finances at our Club.