fernandopartridge
Well-Known Member
Doesnt matter in terms of the 2019 accounts. They have made a disposal of some of their Premiership shares at a substantial gain. That gain will have to be recognised based on the date of disposal as a positive in the Comprehensive Income Statement and as a positive increase in the Balance sheet. Am guessing a positive of around £11m or £12m. Should know in October
If it isn't a lump sum though, depending on installments could it potentially be cash flow negative?