Wakefield Trinity • Salford placed in special measures
financialtimes wrote:
It’s not investment, it’s loans that the council are unlikely to recover or even attempt to recover, should have a negative impact on IMG points
Depends if it’s counted on the balance sheet as loans. There’s creative ways of turning a positive. If it’s not subject to repayment then it’s not a loan and if it’s not required to be repaid then it will likely just appear as an injection of funds. If there is no outgoing or agreement to repay any amount then I can’t see how it would negatively impact. Though it certainly should.
Statistics: Posted by Trojan Horse — Fri Mar 08, 2024 8:21 pm — Replies 59 — Views 13799