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It was the unintended consequence of a scheme designed to stimulate investment in the UK film industry. Sort of like an IRL “The Producers”.
Hundreds or possibly thousands of high-earners (both footballers and City types) got themselves into these things - most ended badly.
NickCJ-
It was the unintended consequence of a scheme designed to stimulate
investment in the UK film industry. Sort of like an IRL “The
Producers”.https://www.triplem.com.au/story/the-inxs-investment-that-went-horribly-right-55922
So... funny story. When we actually started to make some money after
the Listen Like Thieves album and tour, we were told to "write off"
some of it on a bad investment. One of our accountants recommended a
movie with no chance of success called Crocodile Dundee. Mike and Andy
flew up to the Northern Territory to meet Paul Hogan and the crew and
came back saying that it would be a good Aussie film but that's about
it.. So needless to say it was the biggest thing since sliced bread
and we made our "problem" bigger.. Great film..
spindrift
There's a surprising number of ex-footballers out there who appear to have invested in films.