24-03-2023, 17:56
(This post was last modified: 25-03-2023, 13:50 by theo_luddite.)
PS - as long as the words "Venture Capital" or something similar don't filter out of the woodwork in the near future, I won't be too worried.
Though what Vulture Capitalists would see in a club with next to sod all in assets compared to debts (even if Deano is supposedly swallowing most of his) at this moment in time is beyond me. They normally buy someone asset rich but cash poor, rape them of all their assets and lease them back to them, boost the balance sheet to make them look better than they really are (try a few redundancies in the short term to start with) and sell them on at a profit to some other schmuck about 5 years later on who then discovers the real truth about a year after the "guarantees" have all run out and the next set of accounts come out.
Though what Vulture Capitalists would see in a club with next to sod all in assets compared to debts (even if Deano is supposedly swallowing most of his) at this moment in time is beyond me. They normally buy someone asset rich but cash poor, rape them of all their assets and lease them back to them, boost the balance sheet to make them look better than they really are (try a few redundancies in the short term to start with) and sell them on at a profit to some other schmuck about 5 years later on who then discovers the real truth about a year after the "guarantees" have all run out and the next set of accounts come out.
A guide to cask ale.
![[Image: aO7W3pZ.png]](https://i.imgur.com/aO7W3pZ.png)
“In the best pubs, you can spend entire afternoons deep in refreshment without a care in the world.”
“In the best pubs, you can spend entire afternoons deep in refreshment without a care in the world.”