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It has not reduced debts to manageable levels.
"We have got through a difficult financial year [Yorkshire have reduced debts from £7m to £6m] but we haven't been successful.
Financial control has reduced debts, the league actually kicks off on time this season, no strikes, no lockouts, and a collective TV deal, enshrined in law is the first step towards deals increasing and the gap in earnings between top and bottom clubs reducing.
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Vodafone also said it reduced debt 11percentto to £10.7 billion.
It has reduced debt to $9.3 billion from $11.5 billion in the last two years.
It has also reduced debt and expenses amid concern that traffic may slow.
The company never reduced debt.
It reduced debt while simultaneously promoting growth.
In addition, Chiquita has reduced debt and expenses, while refocusing on its core fresh produce business.
This is to help reduce debts to below $10bn.
The company also has proposals to reduce debts.
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