Peel ports have always said they cannot afford lock repairs so it was going to close the docks. Most company's would have covered this with depreciation charges in there accounts, but if you realise it's worth so much more if you close it, why bother. Similar things seem to be happening at a ferry port in Ardrossan and the Inchgreen dry dock in Scotland. If you do not put money aside for repairs, you can also increase dividends from £38.9 million to £88,9 million last year, and pay the main man £22 million pounds where he can enjoy it tax free on the Isle of Man.
Peel ports have always said they cannot afford lock repairs so it was going to close the docks. Most company's would have covered this with depreciation charges in there accounts, but if you realise it's worth so much more if you close it, why bother. Similar things seem to be happening at a ferry port in Ardrossan and the Inchgreen dry dock in Scotland. If you do not put money aside for repairs, you can also increase dividends from £38.9 million to £88,9 million last year, and pay the main man £22 million pounds where he can enjoy it tax free on the Isle of Man.