@TwoTonTedSez@LoftusSteve@warrensbuffet2 Having worked on renewables, a lot of payback periods (particularly for large scale wind) is between 10-15 years - the 20 year term simply encourages investment through a lowered risk to corporate entities. That’s before we start on the grid network…
@SteveNeale70@KieranMaguire Generally speaking football clubs are not run like traditional businesses and often run at a loss hence the PSR rules we see today. Football clubs will contribute significantly more to HMRC through PAYE and other taxes. Only 5 of the 20 clubs made profits through the year.
The Premier League have taken on one of the Founding Fathers of English football, Everton.
Everton will have a lot of sympathy in the Premier League "dressing room" should other clubs not be treated as Everton have today.
Popcorn time.