Source: PA
Cowling calms financial fears
Colchester chairman Robbie Cowling has dismissed fears of financial trouble at the club.
Accounts for the year ending September 2009 show the Us made a loss of nearly £3.5million after their first season at the Community Stadium.
But Cowling insists the figures are nothing to be concerned about.
"The figures should not come as a surprise to anyone, when they consider the massive investment that has been required to move into a new stadium, fit it out, invest in new systems like ticketing and retail, sort out the numerous teething problems, buy a training ground and compete for promotion," he told the Gazette.