Grumpy Old Man
Striker
The company that charges £2000000 a year rent to the club?
Yes, and has done since the Murray days, Previously, Sunderland Ltd published consolidated accounts, which combined the results of all the companies in the group. When you do that, you eliminate intergroup transactions, which is why it was invisible in previous years. The rent has to be charged to allow the SoL to be valued as an investment property. It's a totally cosmetic exercise.