- Aug 1, 2013
- 2,939
- 2,085
- Thread starter
- #41
A picture paints a thousand words, so let's simplify it with a dot to dot graph.
I call this 'A portrait of a dicktator owned football club' by Companies House.
Note in 2009 JRFC were debt free, can you see the pattern forming in 'Net Worth' Col?
2014 (£-300,000)
2015 (£-370,000)
It also suggests that the debt is being formed as a loan to the club, with the donor becoming a major creditor of JRFC maybe in case of another administration..... But that's just speculation.
I call this 'A portrait of a dicktator owned football club' by Companies House.
Note in 2009 JRFC were debt free, can you see the pattern forming in 'Net Worth' Col?
2014 (£-300,000)
2015 (£-370,000)
It also suggests that the debt is being formed as a loan to the club, with the donor becoming a major creditor of JRFC maybe in case of another administration..... But that's just speculation.
Last edited: