So how do u explain companies like Uber, Twitter, Snapchat, Tesla, Thomas Cook, Restaurant Group, etc etc all losing millions and hundreds of millions per year?
In football since when has making a profit been the goal for most clubs? Until the very recent boom in TV revenue the higher the league the more money the clubs u lost.
Almost every single country in the world spends more money than it earns, the world runs on credit and borrowings.
Wonder what excuses the naysayers will come up with next as the " wait and see" " give him time" ones have run their course.
With regards to the companies you list, change in trading conditions or circumstances, investment in new products or infrastructure, expansion into new markets, financial misjudgment or any combination of, the possibilities are endless? Whilst the goal of football clubs is mainly sporting success, attracting investment is almost without exception about making a profit. The ability to obtain credit is directly related to the confidence the creditor has in their ability to recover the return on their investment from the debtor. What’s your point?