tewas t1_ixl14ey wrote on November 24, 2022 at 6:05 AM Reply to comment by Cgb09146 in Manchester United may be up for sale, so is the team profitable? [OC] by NicuCalcea There is 165M depreciation. Thats a paper expense, great for taxes, but no real money leaving hands. Im sure they structured depreciation of prior capital investments over period of time to maximize tax subsidies Permalink Parent 7
tewas t1_ixl14ey wrote
Reply to comment by Cgb09146 in Manchester United may be up for sale, so is the team profitable? [OC] by NicuCalcea
There is 165M depreciation. Thats a paper expense, great for taxes, but no real money leaving hands. Im sure they structured depreciation of prior capital investments over period of time to maximize tax subsidies