roydo
in memoriam - 1965-2024
I'll be honest, I'm not entirely sure of the legality of it, but it appears yet another loophole of FFP.
In essence rather than declare a loss theyve taken a 150m loan, counted that as cash and so its only 50m.
Didnt they dilute their US shareholding of FSG by selling some of it to some other group? Bit like City's owners did a year or so ago. @PaulPowersTash Am I right about that bit?