nwgull
Well-known member
It won't be that. Company losses can be carried forward indefinitely when calculating corporation tax, so whilst we're probably breaking even or even making a slight profit over the 6 premier league seasons to date, there's plenty of loss making years before that.I haven't bothered with this thread because it seems a bit obvious, and has been for some time.
All I will chuck is timing. If there are tax planning benefits for the sale to go into next year's accounts, then maybe that is when it will happen.