StaddyGreen wrote: The thing that gets me is that we would want our clubs owners to be 'fit and proper.'
I am afraid that if somebody has gone out of their way to create an offshore company, then in my mind there is dirty business involved and the people behind the bid have something to hide.
The biggest thing that grinds my goat is the anonymity. I don't understand why our future landlords are taking advantage of nominee services, ensuring through an offshore company that they have the highest level of privacy protection, limited liability, legal tax exemption, no taxation on any kind of income, no accounting requirements, no reporting requirements, no accountants costs, no auditing and that there are no requirements on profession or financial standing in order for them to register an offshore company.
The only thing I would dispute about your above post, StaddyGreen, is the phrase "I don't understand" . I think you do.... I think we all do!