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Reply to "The St James acquires FCV"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]most clubs are not privately owned... out of curiosity, which clubs in the area are privately owned? FCV, Barca, PAC, St. James... is Doradus privately owned? any others?[/quote] I don't think PAC is privately owned. From the website: "Premier Athletics Club, (PAC), is a non-profit, federal tax-exempt organization."[/quote] Non-profits can be privately owned. It’s a nice way to pay yourself some dough via salary and avoid business taxes on profits. Just spend adequately to make sure you don’t make a profit. [/quote]
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