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i am to understand quins made record sl losses of 1.8 m last year we need a sugar daddy

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You had one called R branson

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more like a miracle icon_sad.gif

tim
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Quote: those were the days "You had one called R branson'"

Who put us in more trouble then we were already in.

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Quote: kingsting "i am to understand quins made record sl losses of 1.8 m last year we need a sugar daddy'"


Er...you already owe your sugar daddies well over £4m. And who the hell do you think funded that loss and the big losses of earlier years?

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Quote: Adeybull "Er...you already owe your sugar daddies well over £4m. And who the hell do you think funded that loss and the big losses of earlier years?'"
If we owed our sugar daddies anything then they wouldn't be sugar daddies would they !

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Quote: jbuzza "If we owed our sugar daddies anything then they wouldn't be sugar daddies would they !'"


???

Suspect you don't understand how it works, then?

Invariably, the sugar daddy advances cash to keep the club running. This gets credited to his loan account. Sometimes it even gets repaid. More often than not, it either gets written off eventually as a "gift" to the club, and treated as exceptional income in the accounts (as happened with some of your own loans in 2007, for example) or gets converted into shares (as recently happened with Saints, for example).

It rarely makes sense tax-wise for an owner to simply gift money to a club.

hth.

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Quote: Adeybull "???

Suspect you don't understand how it works, then?

Invariably, the sugar daddy advances cash to keep the club running. This gets credited to his loan account. Sometimes it even gets repaid. More often than not, it either gets written off eventually as a "gift" to the club, and treated as exceptional income in the accounts (as happened with some of your own loans in 2007, for example) or gets converted into shares (as recently happened with Saints, for example).

It rarely makes sense tax-wise for an owner to simply gift money to a club.

hth.'"


So not owed then?

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Quote: Adeybull "???

Suspect you don't understand how it works, then?

Invariably, the sugar daddy advances cash to keep the club running. This gets credited to his loan account. Sometimes it even gets repaid. More often than not, it either gets written off eventually as a "gift" to the club, and treated as exceptional income in the accounts (as happened with some of your own loans in 2007, for example) or gets converted into shares (as recently happened with Saints, for example).

It rarely makes sense tax-wise for an owner to simply gift money to a club.

hth.'"


Perhaps, but can you ever see the situation where it is not written off as a gift at QRL ? Hence my original point.

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Quote: jbuzza "Perhaps, but can you ever see the situation where it is not written off as a gift at QRL ? Hence my original point.'"


You clearly fail to understand what the rest of the planet understands by the term "sugar daddy".

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Maybe we need some input from a HM Tax Inspector..........recall a 'previous' Chairman-Director in the Fulham/Crusader days slowly getting a tax benefit/rightoff against his one season 'major' investment in the Club.
icon_rolleyes.gif icon_lol.gif icon_eek.gif

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Quote: Adeybull "You clearly fail to understand what the rest of the planet understands by the term "sugar daddy".'"


As far as I'm aware a Sugar Daddy is an old man who has a young girlfriend who he keeps sweet by giving her lots of presents and paying for everything. All he would want in return is companionship and hot lovin'.

Now if you use this as a metaphor for a rugby league team, the rugby league team being the girlfriend, the sugar daddy would fund the club (the presents) and pay for everything and in return the rugby league team (the girlfriend) would continue to exist and play (companionship and hot lovin').

Does the girlfriend pay the sugar daddy back? Hell no...

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Quote: The Curtism "As far as I'm aware a Sugar Daddy is an old man you who has a young girlfriend who he keeps sweet by giving her lots of presents and paying for everything. All he would want in return is companionship and hot lovin'.

Now if you use this as a metaphor for a rugby league team, the rugby league team being the girlfriend, the sugar daddy would fund the club (the presents) and pay for everything and in return the rugby league team (the girlfriend) would continue to exist and play (companionship and hot lovin').

Does the girlfriend pay the sugar daddy back? Hell no...'"


You have obviously never watched Judge Judy icon_lol.gif icon_lol.gif icon_lol.gif

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Quote: The Curtism "As far as I'm aware a Sugar Daddy is an old man you who has a young girlfriend who he keeps sweet by giving her lots of presents and paying for everything. All he would want in return is companionship and hot lovin'.

'"


eusa_silenced.gif

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Quote: Windy one "You have obviously never watched Judge Judy
And I wouldn't want to...

24 posts in 3 pages 
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24 posts in 3 pages 
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