Author Topic: Potomac Nationals New Stadium - Fredericksburg!  (Read 17958 times)

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Offline dcpatti

  • Posts: 2891
Re: Potomac Nationals New Stadium Watch
« Reply #125: June 27, 2017, 07:15:34 PM »
according to financial docs, the P-Nats have made about $45,000 in total profit over the last five years.  This is why they can't get private funding for a stadium.

https://sheriffofnottinghampwc.blogspot.com/2017/06/shocking-financial-statements-show-p.html

There are so many ways to make profit come off of the books or shift it around and save it for later in hopes that your tax rate goes down. I'd love to hear an accountant's take on whatever is in these documents.