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Originally Posted by nffc
That's pretty common business practice though, especially in football. I know it's what Doughty's done at Forest. Makes sense when you consider if we (or anyone) went into admin then he would be a creditor and entitled to some of his money back, or he could get return on some of his "loan" if financial circumstances warranted it. I also believe Doughty's only acting as guarantor to a lot of the debt- that's if he's not paid it off himself and loaned it back as rumoured over the summer. It's also done that way for tax purposes, it's not possible just to pump money into a business in the red I don't think so "loaning it" is a tax writeoff for ND/RA and a legit way to give the club money...
Don't care about Kenyon though. As long as the Russian keeps bankrolling the club and doesn't get busted by MI5 or whoever then it's a case of "we'll cross that bridge if/when we get to it"  |
I read somewhere a while ago that Bramovitch was being investigated by Russian inteligence regarding his dealings in his home land, they have convicted some high profile buissiness men already, he happens to be on there hit list.