Disagreed I am afraid. Subsidiaries should generally be left to be self sufficient, their own separate cost centre. If you strip their profits so they cannot reinvest/grow, then they will die off.
Only when you get supernormal profits should you think about subsidising the other parts of the business. IMO! -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of DAVID NATTAN Sent: 19 January 2012 17:05 To: list leedslist Subject: Re: [LU] Leedslist Digest, Vol 19, Issue 50 - but what is clear is that any profits that these 'subsidiaries' bring in MUST be spent on our core business which is Leeds United Football Club _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] PETE CASS (1962 - 2011) Rest In Peace Mate
