Never read such rubbish. We would be all but, finished without AP, no infrastructure, no youth and no hope.

Yes he makes mistakes but deary me!

A pointless post in the middle of a decent debate for a change

That did seem to be part of it, but probably not the main plank IMO.

I'd guess that he bought the club for very little, but you're temporarily lumbered with an abnormally high tax bill from the deal he struck with HMRC. The extent to which the recent losses represent paying off that liability or investment or a structural deficit, is the 'interesting' thing from a longer-term business POV.

He could be offsetting losses and investment in Hull against other income he has

Spot on. Mild Rover and Barham Red are two of the most reasonable posters on this forum. Very rarely do you get any "us and them" from either of them.

Aye, possibly. It'd mitigate rather than eliminate the costs, but could still make a big difference. No doubt he'll have a good accountant.

Note to self - be more adversarial with these stinky FC ninnies.