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Old 27-11-2021, 11:30   #308
Carth
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Join Date: Jul 2004
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Re: Energy companies collapse

Quote:
Originally Posted by nomadking View Post
Where people invest in a company, they expect to get their money back. The invested money is NOT a gift, never to be returned.
Debt is used to obtain large amounts in advance. Just as it is for households with mortgages and the like.

. . . and football clubs.
I think they call it 'sustainable debt' or some such thing, which seems to work fine until the 'incoming' reaches a level below the 'outgoing' . . . or the 'investors' decide they want to put their money into something else instead, please can we have it back . . and I think we've all, over the years, seen the consequences of that in football.
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