Independent Leyton Orient Forum

Rich Tea Wellin wrote: ↑Wed Oct 09, 2024 2:37 pm

Lifelongfan wrote: ↑Wed Oct 09, 2024 12:47 pm

essexfootball wrote: ↑Wed Oct 09, 2024 12:04 pm

Good summary but if you believe this you'll believe anything, they will 100% be benefits somewhere, even if that means employs x company for security, catering, events and so forth

Nonsence

Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

aylesburyos wrote: ↑Thu Oct 10, 2024 12:05 pm

Rich Tea Wellin wrote: ↑Wed Oct 09, 2024 2:37 pm

Lifelongfan wrote: ↑Wed Oct 09, 2024 12:47 pm

Nonsence

Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

If you listen he is a fan. Worked unpaid for 7 months as CEO. He invested personally so what tax losses are you referring to?

Rich Tea Wellin wrote: ↑Thu Oct 10, 2024 12:38 pm

aylesburyos wrote: ↑Thu Oct 10, 2024 12:05 pm

Rich Tea Wellin wrote: ↑Wed Oct 09, 2024 2:37 pm
Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

If you listen he is a fan. Worked unpaid for 7 months as CEO. He invested personally so what tax losses are you referring to?

Sorry im not aware of all of his investments elsewhere that he might or might not be able to get tax relief on by making a loss at orient