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Phoenix Ownership - Rob says FTFFA (Part 1)

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Posted July 18, 2011 15:25 · last edited March 18, 2021 07:33

Midfielder - unfortunately company law in New Zealand does not require companies to publish accounts publicly so we have absolutely no idea of the answers to your (important) questions.
 
It is therefore hard to speculate on how the finances of the club are arranged.
 
However I will go on and do so...as no new shares have been issued since incorporation my guess is that he has funded them through director's loans - which I expect are interest free.
 
If anyone wants to wikileak me the club accounts I would be very interested...(just joking, sort of...)

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Unknown editor edited March 18, 2021 07:33

Midfielder - unfortunately company law in New Zealand does not require companies to publish accounts publicly so we have absolutely no idea of the answers to your (important) questions.

 
It is therefore hard to speculate on how the finances of the club are arranged.
 
However I will go on and do so...as no new shares have been issued since incorporation my guess is that he has funded them through director's loans - which I expect are interest free.
 
If anyone wants to wikileak me the club accounts I would be very interested...(just joking, sort of...)