someoneyouknow
Literotica Guru
- Joined
- Jun 5, 2006
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For the fourth year in a row, the con artist's golf course in Scotland lost money. $4.4 million to be exact. Since purchasing the land, not once has the course turned a profit. It is the literal embodiment of a money pit.
In addition to the yearly losses from operations, the course owes an additional $140 million to the con artist's trust which loaned it money. This is on top of all the other money which has been repeatedly sunk into the course beyond what is necessary to keep it running, which means even if the course should somehow earn money, it still won't turn a profit because of the loan and recoupment of money needed to keep it functioning.
Needless to say, surprise went full round at the loss. The manager said he had expected a profit on higher revenue while the member of the con artist's familial cabal who "manages" the course said he expects to turn an operating profit in the "short to medium terms."
How short and medium terms is defined is left as an exercise to the reader.
A great businessman indeed.
https://www.cbsnews.com/news/trumps-scotland-golf-course-lost-millions-last-year/
In addition to the yearly losses from operations, the course owes an additional $140 million to the con artist's trust which loaned it money. This is on top of all the other money which has been repeatedly sunk into the course beyond what is necessary to keep it running, which means even if the course should somehow earn money, it still won't turn a profit because of the loan and recoupment of money needed to keep it functioning.
Needless to say, surprise went full round at the loss. The manager said he had expected a profit on higher revenue while the member of the con artist's familial cabal who "manages" the course said he expects to turn an operating profit in the "short to medium terms."
How short and medium terms is defined is left as an exercise to the reader.
A great businessman indeed.
https://www.cbsnews.com/news/trumps-scotland-golf-course-lost-millions-last-year/
