• Coll
    link
    English
    78 months ago

    Wytham Abbey is being listed on the open market for £15 million […] Adjusted for inflation, the purchase price of the house two years ago now equals £16.2 million.

    Remember when one of their justifications was that it’s also an investment?

    Reaction on the EA forum:

    It’s not necessarily a loss of a million pounds if many of the events that happened there would have spent money to organise events elsewhere (renting event spaces and accommodation for event attendees can get quite pricey) and would have spent additional time on organising the events, finding venues, setting them up etc (compared to having them at Wytham). For comparison, EA Global events cost in the ballpark of a million pounds per event.

    • @froztbyte
      link
      English
      68 months ago

      that comment is a work of art

      so rather than just a qualified lack of quantified impact overall for the whole movement and for the castle, it’s 100% on point to state that the qualified quantified loss is maybe just totes not important at all?

      I stand in awe

      • -dsr-
        link
        English
        38 months ago

        What would effective accounting even look like?

        • @froztbyte
          link
          English
          28 months ago

          High-school tier double-entry bookkeeping?