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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1822946 times)
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Melbourne Cobbler
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« Reply #30540 on: December 04, 2021, 22:35:35 pm »

Cleared the debt? In what, whose debt? Fantastical nor Ventures had any debt as they had no financial transactions. The Football Club accounts showed debts for every financial year in question (no debts cleared).....so who could have cleared what debt?

You seem to know about tax liability? Can you explain the benefits (or otherwise) of how £4m paid by 5USports for the initial 60% shareholding in NT Ventures, a UK registered company 100% owned by Fantastical (another UK registered company) ended up in an account belonging to a company called Belle-De-Jour based in the British Virgin Islands seeing as BDJ had no interest or ownership in any of the above companies at the time of the transactions?
Ok, here goes again. There may be some manipulation regarding corporation tax. On a personal level when you take the money personally you are liable as per the taxation rules in your country of residence. In fairness to me I am liable for tax on a corporate level and personal level in 2 different countries so on that basis I have a smidgin of knowledge.
« Last Edit: December 04, 2021, 22:39:45 pm by Melbourne Cobbler » Report Spam   Logged

Not a real supporter but unelected chair of the Northampton Town Honorary Supporters Club. (Please note: any opinions given may not necessarily be shared by proper supporters. In incidents of conflict the views of real supporters shall take precedence).
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