by MellowYellow » 29 Jun 2017, 16:39
GI loaned United £120,000. Whatever possessed the previous directors to sign away the club for a few bags of sand is beyond me. . There was only a trading loss of £337,456 at the years end so it appears the directors did not put their hands their pockets very far, nor could they have been that proactive in sourcing investment institutions for investors looking for a nice tax loophole to off-set their business profits against the club losses.
Merse is right GI did not buy the club - it was just a case of plain daylight robbery.
I don't blame GI from a business perspective for trying to make a fast buck as immoral as it may sound as most financial transaction in the business world are not about morality, That is why it is important for the supporters, the community as a whole, the Council and Mayor to stand fast against the asset stripping of our club for financial gain for the few at the expense of the many.
My comment on the Herald Express reporting is equal to their news on the matter namely ............................................................................................................................................................ Nada !
and I am not even bound by the Editors' Code of Practice,
GI loaned United £120,000. Whatever possessed the previous directors to sign away the club for a few bags of sand is beyond me. . There was only a trading loss of £337,456 at the years end so it appears the directors did not put their hands their pockets very far, nor could they have been that proactive in sourcing investment institutions for investors looking for a nice tax loophole to off-set their business profits against the club losses.
Merse is right GI did not buy the club - it was just a case of plain daylight robbery.
I don't blame GI from a business perspective for trying to make a fast buck as immoral as it may sound as most financial transaction in the business world are not about morality, That is why it is important for the supporters, the community as a whole, the Council and Mayor to stand fast against the asset stripping of our club for financial gain for the few at the expense of the many.
My comment on the Herald Express reporting is equal to their news on the matter namely ............................................................................................................................................................ Nada !
and I am not even bound by the Editors' Code of Practice,