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re: Ryan and Mac charging Wrexham 9% a year on the money they put into the club

Posted on 2/13/24 at 11:35 am to
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
87589 posts
Posted on 2/13/24 at 11:35 am to
quote:

Just going to assume you’re an Arsenal or Chelsea fan.


WTF? we dont have anything to do with this stupid thread

Wrexham owners didnt have to sell to the Americans

I am sure the loan is a tax strategy thing for them

ticket sales go up, club merch sales explode, club value goes up and instead of taking profits from club balance sheet components my guess is they are keeping the increased profits in the club balance sheet and just taking a higher interest rate on their loan to the club.
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