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O/T........Exclusive - So Much For FFP then ??

Discussion in 'Hull City' started by The FRENCH TICKLER, Apr 3, 2013.

  1. The FRENCH TICKLER

    The FRENCH TICKLER Well-Known Member

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    #1
  2. Amin Arrears

    Amin Arrears Well-Known Member

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    I don't understand all this shyte, what could possibly benefit Madrid council by giving away land at a value of 400k to then buy it back at 22 million? Why would they do that?
     
    #2
  3. Dr.Stanley O'Google, HCFC

    Dr.Stanley O'Google, HCFC Well-Known Member

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    <doh>.
     
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  4. bum_chinned_crab

    bum_chinned_crab Well-Known Member

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    I just cant for the life of me see why Spain is financially screwed.
     
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  5. Amin Arrears

    Amin Arrears Well-Known Member

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    What? I understand how people over value land to rip people off, not necessarily in the actual purchase of it but what goes on there after, but can't quite understand why the council would rip themselves off...? Maybe I've just answered my own question there, but surely they'd buy the land back first then wait a while to overvalue it?
     
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