The problem, you plank-ton, is that you have done a "drowning man" on all things THFC.

Any rubbish that comes into your head.

"No, 'ENIC International' a subsidiary of ENIC"

So what you are saying is :

1. 'ENIC International' is a subsidiary of "ENIC" .
2. Which makes "ENIC" the PARENT company.

Where is "ENIC" registered ... ??

2. Which makes "ENIC" the PARENT company.

===========

Exactly.

Somebody PLEASE throw the drowning man a rubber ring.

Dramatic............

I don't get your problem, Spurs are simply using good accounting practice to minimise the tax they pay. Having subsidiary companies registered abroad is a common way to do this.
It's

"Spurs are simply using good accounting practice to minimise the tax they pay. Having subsidiary companies registered abroad is a common way to do this."

Again, CITE your info sources, Drowning Man.

Coastguard...Coastguard...i think we're going to need a bigger boat down here.

Still, Grieves didn't answer my question. Why this OS decision concern Spurs fans so much than rest of the tax payers?

Drowning? Why do you feel that?

Spurs, like West Ham, Starbucks and all companies try to minimise the tax they pay. Why does that upset you?

All companies do it, so stop claiming the moral high ground.

Still waiting for that definitive proof that THFC Ltd are siphoning their profits overseas via "subsidiary companies" to avoid tax ...

Spurs

Ownership 82% owned by Enic International Limited, registered in the Bahamas, a tax haven. Chairman Daniel Levy an d family own 29.41% of Enic. The controlling owner is Joe Lewis, resident in the Bahamas.

Who is drowning again?

Dramatic is still not getting this is he?

What part of "subsidiary" does he not understand?

Actually Chicken, he has made it WORSE.
He is saying that 18% of THFC Ltd are OWNED BY SOMEBODY ELSE.

Who are they, and where are they registered ??

Drowning man :

I suggest your task list be ordered thus :

1. Work out WHO actually owns WHAT for THFC Ltd

2. Gather your citations that THFC Ltd are using "overseas" companies as a tax avoidance mechanism.

http://m.guardian.co.uk/football/2009/jun/03/english-premier-league-debt

Sorry the most recent I could quickly find is from 2009. Have you got anything more recent to indicate this ownership structure has changed?

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Drowning man :

Stick to my task list, and you will understand the reality of all things THFC.

And remember, the TRUE owner is the entity that has NO subsidiaries.

So not read the link then?

Why on earth are you trying to sound like Yoda?

Perhaps because I have read things like :

- the publically available info at COMPANIES HOUSE on DEC 7 2012 etc

- THFCs accounts from 2001 to 2011

Drowning man :

Just let yourself go under.

You're embarrassing yourself with your inability to understand corporate structure, and Ltd company taxation.

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