The Board of Directors today confirmed that all Key Performance Indicators set to transparently communicate sound financial management have been met for the season to October 31st.
Full details are available at www.dundeefc.co.uk and www.dee4life.com however the summarised areas of success are as follows:
1) Player wages to turnover 48.9%
2) Trade creditors paid within 30 days (95% target achieved)
3) Positive cash flow projection to season end
4) No bank debt
5) No HMRC debt (PAYE, NI, and VAT all up to date)
A fantastic achievement for the first half of the season, and thanks to all concerned for steering the ship in the right direction.