@karen Balance sheet along with pl statements were published in board meeting and passed. These are audited accounts and probably the first time the club made profit.
When I have discussed about eb profits from one of Bengali club owner he said no club in India has ended in profits . It is a type of marketing strategy . If club really in profits they can publish the p&l, balance sheet to public. & some are telling about audited balance sheet what happened in Satyam case. Even we can make audited accounts as fake (* ex : Satyam Rama linga raju) 8->
Who is a Bengali club owner? EB MB MSC are. Member based clubs, there are no owners. If United Sports or ATK, of course there will be no balance sheet and no profits Unless you can prove or provide facts that the third party audited financial statements are FAKE, you are just making baseless assumptions.
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Unless you can prove or provide facts that the third party audited financial statements are FAKE, you are just making baseless assumptions.