History for Midfielder

To explain�the funding of the Nix by Terry can only take one of three forms, first share capital, second a loan, and third as an expense to one of his other companies as the sponsor of the Nix�

Lest look at each of these � As share capital it is perfect Terry can sell the Nix for whatever price he can get and put these funds into his general holdings�

As a loan, meaning whoever buys the Nixs owes Terry companies these loans, and if Terries  companies go belly up the creditors will come chasing these loans� Because of claw back laws Terry is in no position to write these off � meaning no buyer would want the Nixs if the funding of the Nix has been by way of loans from Terries companies� 

As an expense, this assumes that Terries companies have written off in their books as an expense the cost of running the Nix� my guess is this has not happened as Terry would not have wanted to increase his consolidated losses�.However if Terries companies had written these off as expenses then there is no issue in selling the Nix� 

Nobody on the forum would I assume have any knowledge of how the funding was undertaken. My guess is only Terry and his Accountant know �

But if by way of a loan [which is my guess] � which does not increase his companies losses and would show a tangible asset being able to be collected then no one will go near the Nix until they are taken out of Terries hand and the licence given back to FFA�