Quote:
Originally Posted by Celestial Empire
Actually, profit at a football club is inefficient and can be vanity.
For most medium sized clubs, it is far better to invest in facilities and/or top young prospects than return profit to the owners, or save it "for a rainy day", picking up a nice tax liability along the way.
|
yep. i've played enough football manager to know that throwing spare cash at 15 year old south americans is always better than giving it to the tax man.