It’s this paragraph that stands out for me
“He needs to get among the supporters - speak to them, answer their questions. So loyal fans feel connected to the top man. Unfortunately, I really can’t see that happening.“
Without saying it there is direct comparison with the owners of the two clubs geographically closest to them where the owners are fully engaged with the supporters and even if factions want them out they don’t hide. Say what you like about both Delia/Michael and Robbie Cowling but they engage with the supporters.
Evans uses the club as a method of avoiding taxes on profitable parts of his business - I believe that he puts in a loan each year which increases the debt which is repayable at commercial rates to another subsidiary and therefore counts as “income” to the ME group without third party involvement. It’s the corporate equivalent of the three card trick. I’m not a tax expert and I’m sure that what is done is legal but morally wrong.
Posted By: biffbro on December 14th 2020 at 16:58:10
Message Thread
- the most miserable football club in Britain (Other Football) - ghostof barry butler, Dec 14, 14:52:16
- It’s easy to forget they exist these days (n/m) (Other Football) - SCC 28, Dec 14, 17:09:17
- It’s this paragraph that stands out for me (Other Football) - biffbro, Dec 14, 16:58:10
- Its a shambles of a club (Other Football) - Tier2canary, Dec 14, 16:33:57
- Hi essex (n/m) (Other Football) - Bucks Watch, Dec 14, 16:38:14
- The only way? Johny? (Other Football) - Tier2canary, Dec 14, 16:40:26
- Hi essex (n/m) (Other Football) - Bucks Watch, Dec 14, 16:38:14
- Actually it's really very sad to read about such an appalling decline. It makes you see (Other Football) - Old Git, Dec 14, 16:29:16
- LOL (n/m) (Other Football) - Tier2canary, Dec 14, 16:34:41
- The fans have to share some of the blame.... (Other Football) - usacanary, Dec 14, 15:08:29
- I think the debt is owed to ME? If so, to sell her have to right that off surely? (Other Football) - DH Yellow, Dec 14, 15:46:17
- The dodgy pumas are that he is trying to sell.. (Other Football) - usacanary, Dec 14, 15:53:53
- Yep. Could only be a fan with serious cash to take that on (Other Football) - ede, Dec 14, 16:27:32
- This alternative is they go bust like Bolton and he walks away... (n/m) (Other Football) - usacanary, Dec 14, 16:38:47
- Lets hope the St John Ambulance Service get paid this time round (Other Football) - Tier2canary, Dec 14, 16:42:27
- This alternative is they go bust like Bolton and he walks away... (n/m) (Other Football) - usacanary, Dec 14, 16:38:47
- Yep. Could only be a fan with serious cash to take that on (Other Football) - ede, Dec 14, 16:27:32
- The dodgy pumas are that he is trying to sell.. (Other Football) - usacanary, Dec 14, 15:53:53
- I think the debt is owed to ME? If so, to sell her have to right that off surely? (Other Football) - DH Yellow, Dec 14, 15:46:17
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