Do you have history of looking at balance sheets day in day out?proper, high end bankers. Private equity funding, take over, bankers never look at statutory profit
they only ever look at cash flow.
KKR, APAX, and all the private equity houses that own the world, only look at cash flow.
depreciation etc is a function of management policy. Tax & interest is a function of balance sheet structure. Which is management policy
Memberships are down so they are trying to spin that this is good because people can now buy tickets to games.So ports marketing manager.
“For the first time in a few years we’ll actually have some tickets we can sell to people.
And that’s a good result for the club”
Easy answer to save the league, fold Port power and play a 17 team comp and that will save the league some coin - the amount of lost money the league has sunk into that shitty club over the years.......Agreed 22 million seems pretty slim considering it was a pandemic year.
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