The debt is a debt if it is for contracted work and there is a liquidated damages amount in the contract, for example.
They could also say what Taylor said - that LUFC owed the money but they didnt bother invoicing it because they knew LUFC couldnt pay it. When administration loomed then they did invoice all owed amounts as they needed to be reflected correctly amongst the creditors. And again, it doesnt matter whether you or I (or HMRC) think the value should be lower because we are in Div.3, it is none of our business. LUFC arent a publicly funded operation and they can do whatever deals they want with whatever companies they want. If they want to pay Yorkshire Radio 10 x what they would have for Radio Aire then thats up to them. The only people they answer to are the shareholders. > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] > Sent: 27 June 2007 15:03 > To: [EMAIL PROTECTED]; [email protected] > Subject: RE: [LU] Leedslist Digest, Vol 9, Issue 101 > > It is our sort of business if the MD of both companies is the same > person, though? > > >>>IR job isn't to tell companies how to run their business, if LUFC > decide to pay YR £400k for a copy of yesterday's paper that is entirely > their business, not IR's. <<< > > The debt isn't a debt if it covers years that don't exist yet. Plus, > surely they'd be at a lesser rate if the product is lesser, i.e. Div 3. > > Was the deal to Yorkshire radio better than those for Aire and BBC > Leeds? _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist Join The Leeds United Supporters Trust at www.lufctrust.org
