Firoka Accounts

[MarkG]

So a car park that was valued at £12 million as an investment property is now just a land asset of £300k.

Something smells.

Oh and based on rent yields … yeah a car park that has a car wash and a few L plate tests , yes that adds up.

 

[holdsteady]

So a car park that was valued at £12 million as an investment property is now just a land asset of £300k.

Something smells.

Oh and based on rent yields … yeah a car park that has a car wash and a few L plate tests , yes that adds up.

Can’t imagine that cuddly uncle Firoz is up to no good, especially with his previously spotless record.

 

[Mad Dog]

Kassam has done well out of Oxfordshire without putting anything back into our county. He stands to make many more millions once he does all the redevelopment he wants to.

Hopefully once we move out, the old gypsy curse will finally take effect.

What a dream it would be, for us to move into a lovely new stadium, whilst he gets lumbered with a shithole he can't sell

 

[Grumpy Git]

As part of the Firoka group restructuring, most of the ownership of the various Ozone companies has transferred to various Jersey companies. Firoka (London Park) Limited, and Firoka (Stadium) Jersey Limited
The Jersey companies don't have to file accounts.
Firoka Oxford Limited now owns the car park, at cost of £331,288.

Bent

 

[QR]

Bent

There are some on here who will tell you it's not bent as no laws are being broken. But then again they'll also tell you it's would be wrong to change the law because such entrepreneurs would leave the UK taking their companies and assets with them. Yeah, how does that work? See how absurd their logic is.

 

[Essexyellows]

There are some on here who will tell you it's not bent as no laws are being broken. But then again they'll also tell you it's would be wrong to change the law because such entrepreneurs would leave the UK taking their companies and assets with them. Yeah, how does that work? See how absurd their logic is.

Some might say its just spreadsheet jiggery pokery......

 

[Grumpy Git]

Some might say, if you want to register a company abroad fine, BUT, if you operate in the UK and take money from UK customers, you must pay tax and operate under UK tax laws.

 

[MarkG]

Some might say, if you want to register a company abroad fine, BUT, if you operate in the UK and take money from UK customers, you must pay tax and operate under UK tax laws.

I’d be very sure Kassam’s UK companies and their UK operations pay all due UK taxes.

 

[Paul Cannell]

Having set up complex schemes, trusts and vehicles to minimise that risk.

 

[Manorlounger]

Having set up complex schemes, trusts and vehicles to minimise that risk.

They'll be the ones taking the cash to Monte Carlo then? Or is it Some nice little place off shore?