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TBs key goal is to make us sustainable, I don’t believe ramping up the income to wage ratio is a sensible way to achieve that and don’t believe TBs model says so either. He will probably see value signings with potential as the way forward. That’s all I meant.

Yeah but IN HOUSE DULLARDS don’t count Keiran. They’re to be encouraged!

I was perhaps being flippant about this particular report where it actually refers to the ‘sobering’ nature of reliance on TB, noting a further increase of £32m in net debt. More generally across the media there are lazy comparisons. 100% agree that keeping wage to turnover ratio below 60% is...

No one in the public domain has a handle on the benign nature of Bloom’s investment and always cites it as worrying. Oh for the days when journalists actually bothered to do detailed analysis.