Re: Stanley Store
Aye, Owen Oyston the second!
If there was any dishonourable intentions I'm sure he would have bought a more profitable local club like Clitheroe or Chorley perhaps :-).
As a slight aside - what many owners do in multiple businesses is run one business under the umbrella of a parent company. One business can make a loss and it is offset against the profits of the parent company. In laymans terms for us it would mean that if we made a million pound loss it would be a million pound less profit for Wham (for example), that would be a million pound less that they have to pay tax on (20% I think). To the parent company they would have saved 200k but still made an overall loss of 800k. Could the offset company be made to be worth 800k per year via advertising etc?
Not applicable to us particularly, as that hasn't happened - but it could, and it does happen.
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