Not sure if the link will work:
These are the
accounts y/e 31 May 2001
There is reference to £10m profit on player sales, though it isn't particularly clear how that figure is arrived at. However, it just looks like the £10m profit just paid off operational losses the club was making.
There is reference to the club financing players through Registered European Football Finance Ltd, who loaned the club £6m secured against some of the players. Registered European Football Finance Ltd was a company set up by...........Ray Ranson