13 All-female racing series "struggling to meet liabilities" and may close down - Turns out producing laughable sport nobody wants is not profitable. (archive.ph) posted 2 years ago by TheImpossible1 2 years ago by TheImpossible1 +18 / -5 21 comments share 21 comments share save hide report block hide replies
I believe that means that shareholders would only be owed £24.38 in total if it went bankrupt.
I'm guessing they're using some creative accounting methods.
Not being publicly listed means they can get away with cooking the books.
I don't know why I feel this way, but I think this is the answer.
https://kotakuinaction2.win/p/15Jn1yESSE/well-theyve-taken-our-circuses-w/c/