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Premier League revenues soar but clubs still make a loss 06:56 - Apr 20 with 1178 viewsJackanapes

http://www.bbc.co.uk/news/business-39641423

“The stupidest thing she knew was for people to act like they knew all about the things they knew absolutely nothing about.”

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Premier League revenues soar but clubs still make a loss on 08:11 - Apr 20 with 1135 viewsLord_Bony

Ha ha ANY business with sense is "going to make a loss" through creative accountancy.

Otherwise its all flushed down the toilet in taxes unnecessarily if it made a profit is the logic behind it.

PROUD RECIPIENT OF THE THIRD PLANET SWANS LIFETIME ACHIEVEMENT AWARD. "Per ardua ad astra"
Poll: iS tHERE lIFE aFTER dEATH

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Premier League revenues soar but clubs still make a loss on 17:56 - Apr 20 with 963 viewsTodger

Premier League revenues soar but clubs still make a loss on 08:11 - Apr 20 by Lord_Bony

Ha ha ANY business with sense is "going to make a loss" through creative accountancy.

Otherwise its all flushed down the toilet in taxes unnecessarily if it made a profit is the logic behind it.


This is nothing to do with creative accountancy. They are losing hard cash. They do it because they believe there is future capital growth in the share value which is totally dependent on broadcast revenues increasing.

Only an idiot loses £100 to get £20 back in tax relief.
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