Ok, so yes another post on this, but I find it somewhat interesting that even the media still doesn't have a clear understanding of how this works.
Help me understand.
So Spyre goes around and promotes itself as a marketing and media company that you as a small / large business owner can "donate" to (still no idea on how these businesses donate to something they are getting a return on so is this just a business marketing expense for them?)
They then pool the funds into a bank account and it sits there. Is this "income" for sypre? Working capital granted to them by partners? Are the business owners and donators now in a partnership with Spyre?
Then Spyre has the ability to carve out funds to secure recruits and form agreements with current players to get them booked for marketing deals, commercials, promotions etc.
The payouts then come from the Spyre coffers as taxable income for the players? Then certain companies etc that have donated into the cash pile get allocated that player's services (NIL)?
Is this somewhat correct?
Help me understand.
So Spyre goes around and promotes itself as a marketing and media company that you as a small / large business owner can "donate" to (still no idea on how these businesses donate to something they are getting a return on so is this just a business marketing expense for them?)
They then pool the funds into a bank account and it sits there. Is this "income" for sypre? Working capital granted to them by partners? Are the business owners and donators now in a partnership with Spyre?
Then Spyre has the ability to carve out funds to secure recruits and form agreements with current players to get them booked for marketing deals, commercials, promotions etc.
The payouts then come from the Spyre coffers as taxable income for the players? Then certain companies etc that have donated into the cash pile get allocated that player's services (NIL)?
Is this somewhat correct?
