Sold their ground to their owners company for twice what it was worth
To inflate their income for FFP purposes.
Very obviously underhand but got away with it due to valuations being an imprecise science I think.
Posted By: Jim on August 27th 2020 at 17:38:15
Message Thread
- Derby cleared of all charges, EFL member clubs to pick up legal costs (Other Football) - Tombs, Aug 27, 10:30:01
- Sold their ground to their owners company for twice what it was worth (Other Football) - Jim, Aug 27, 17:38:15
- Newcastle not paying half?? (n/m) (Other Football) - Since1902, Aug 27, 15:14:30
- Creative Accounting... Balance Sheet manipulation (Other Football) - Worthing Yellow, Aug 27, 10:50:41
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