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Originally Posted by theimperialinn
I think he means more in terms of the disclosures required.
Plc's have to be more forward with information while Ltd's only have to comply with the minimium requirements of the companies act.
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Those minimum requirements are more onerous than you suggest. We know an awful lot about Red Football's financial year, hence the glazers tried to sneak the figures out the moment the final whistle blew against Barca.