LFC SOLD to NESV.
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Re: Merged Topics: Club Refinance Thread
Martin Skrtel Zenit St Petersburg £6,500,000 11.01.2008
Javier Mascherano Media Sports Investment £18,600,000* 29.02.2008
Philipp Degen Dortmund Free* 03.07.2008
Andrea Dossena Udinese £7,000,000 04.07.2008
Diego Cavalieri Palmeiras £3,500,000 11.07.2008
David N'Gog Paris St Germain £1,500,000 24.07.2008
Robbie Keane Tottenham £19,000,000 28.07.2008
Albert Riera Espanyol £8,000,000 31.08.2008
Martin Skrtel Zenit St Petersburg £6,500,000 11.01.2008
Javier Mascherano Media Sports Investment £18,600,000* 29.02.2008
Philipp Degen Dortmund Free* 03.07.2008
Andrea Dossena Udinese £7,000,000 04.07.2008
Diego Cavalieri Palmeiras £3,500,000 11.07.2008
David N'Gog Paris St Germain £1,500,000 24.07.2008
Robbie Keane Tottenham £19,000,000 28.07.2008
Albert Riera Espanyol £8,000,000 31.08.2008
Re: Merged Topics: Club Refinance Thread
Richest Football Clubs 2009-10
Rank Team Country Value ($M)[3] Debt as% of value[4] % changeon year Revenue ($M) Operatingincome ($m)[5]
1 Manchester United England 1,835 46 -2 459 150
2 Real Madrid Spain 1,323 54 -2 563 130
3 Arsenal England 1,181 41 -2 369 102
4 Barcelona Spain 1,000 0 4 513 113
5 Bayern Munich Germany 990 14 -11 406 61
6 Liverpool England 822 47 -19 304 37
7 Milan Italy 800 0 -19 276 41
8 Juventus Italy 656 3 9 285 57
9 Chelsea England 646 8 -19 340 -73
10 Internazionale Italy 413 0 12 276 -14
Richest Football Clubs 2009-10
Rank Team Country Value ($M)[3] Debt as% of value[4] % changeon year Revenue ($M) Operatingincome ($m)[5]
1 Manchester United England 1,835 46 -2 459 150
2 Real Madrid Spain 1,323 54 -2 563 130
3 Arsenal England 1,181 41 -2 369 102
4 Barcelona Spain 1,000 0 4 513 113
5 Bayern Munich Germany 990 14 -11 406 61
6 Liverpool England 822 47 -19 304 37
7 Milan Italy 800 0 -19 276 41
8 Juventus Italy 656 3 9 285 57
9 Chelsea England 646 8 -19 340 -73
10 Internazionale Italy 413 0 12 276 -14
Re: Merged Topics: Club Refinance Thread
[quote author=Sunny link=topic=41783.msg1180345#msg1180345 date=1285188031]
I'm starting to wonder if this thread sits better in Gamers and Geeks. In the nerdy accountancy bollocks sub forum.
[/quote]
At least it's taking my mind off this commentary.
[quote author=Sunny link=topic=41783.msg1180345#msg1180345 date=1285188031]
I'm starting to wonder if this thread sits better in Gamers and Geeks. In the nerdy accountancy bollocks sub forum.
[/quote]
At least it's taking my mind off this commentary.
Re: Merged Topics: Club Refinance Thread
[quote author=crump link=topic=41783.msg1180350#msg1180350 date=1285188137]
[quote author=Sunny link=topic=41783.msg1180345#msg1180345 date=1285188031]
I'm starting to wonder if this thread sits better in Gamers and Geeks. In the nerdy accountancy bollocks sub forum.
[/quote]
At least it's taking my mind off this commentary.
[/quote]
I can't listen to footy on the radio. They make the game sound much more exciting than it is. So it the commentary is shite you know the match really IS fucking dreadful.
[quote author=crump link=topic=41783.msg1180350#msg1180350 date=1285188137]
[quote author=Sunny link=topic=41783.msg1180345#msg1180345 date=1285188031]
I'm starting to wonder if this thread sits better in Gamers and Geeks. In the nerdy accountancy bollocks sub forum.
[/quote]
At least it's taking my mind off this commentary.
[/quote]
I can't listen to footy on the radio. They make the game sound much more exciting than it is. So it the commentary is shite you know the match really IS fucking dreadful.
Re: Merged Topics: Club Refinance Thread
[quote author=Sunny link=topic=41783.msg1180353#msg1180353 date=1285188224]
[quote author=crump link=topic=41783.msg1180350#msg1180350 date=1285188137]
[quote author=Sunny link=topic=41783.msg1180345#msg1180345 date=1285188031]
I'm starting to wonder if this thread sits better in Gamers and Geeks. In the nerdy accountancy bollocks sub forum.
[/quote]
At least it's taking my mind off this commentary.
[/quote]
I can't listen to footy on the radio. They make the game sound much more exciting than it is. So it the commentary is shite you know the match really IS fucking dreadful.
[/quote]
When Sky 1st came out you could watch the match and listen to Radio commentary at the same time, it was great. They stopped that feature though and we have to listen to all the shit instead 🙁
[quote author=Sunny link=topic=41783.msg1180353#msg1180353 date=1285188224]
[quote author=crump link=topic=41783.msg1180350#msg1180350 date=1285188137]
[quote author=Sunny link=topic=41783.msg1180345#msg1180345 date=1285188031]
I'm starting to wonder if this thread sits better in Gamers and Geeks. In the nerdy accountancy bollocks sub forum.
[/quote]
At least it's taking my mind off this commentary.
[/quote]
I can't listen to footy on the radio. They make the game sound much more exciting than it is. So it the commentary is shite you know the match really IS fucking dreadful.
[/quote]
When Sky 1st came out you could watch the match and listen to Radio commentary at the same time, it was great. They stopped that feature though and we have to listen to all the shit instead 🙁
Re: Merged Topics: Club Refinance Thread
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
Re: Merged Topics: Club Refinance Thread
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
No it ain't.
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
No it ain't.
Re: Merged Topics: Club Refinance Thread
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
Xabi Alonso Real Sociedad £10,700,000 20.08.2004 Bought
Xabi Alonso Real Madrid £30,000,000 05.08.2009 Sold
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
Xabi Alonso Real Sociedad £10,700,000 20.08.2004 Bought
Xabi Alonso Real Madrid £30,000,000 05.08.2009 Sold
Re: Merged Topics: Club Refinance Thread
[quote author=Asbo link=topic=41783.msg1180377#msg1180377 date=1285188923]
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
Xabi Alonso Real Sociedad £10,700,000 20.08.2004 Bought
Xabi Alonso Real Madrid £30,000,000 05.08.2009 Sold
[/quote]
Really? Did anyone bring this up?
Grow up a little bit
[quote author=Asbo link=topic=41783.msg1180377#msg1180377 date=1285188923]
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
Xabi Alonso Real Sociedad £10,700,000 20.08.2004 Bought
Xabi Alonso Real Madrid £30,000,000 05.08.2009 Sold
[/quote]
Really? Did anyone bring this up?
Grow up a little bit
Re: Merged Topics: Club Refinance Thread
Amortisation as a term is being used here to show how we account for player contracts year on year. Player A is bought for 10m and is paid 2 million a year for 5 years, total cost 20m quid. Each year for the next 5 years we place 4m a year in the costs for him, until he's sold in which case we realise the profit.
There's nothing ambiguous about that, it's how LFC accounts.
Amortisation as a term is being used here to show how we account for player contracts year on year. Player A is bought for 10m and is paid 2 million a year for 5 years, total cost 20m quid. Each year for the next 5 years we place 4m a year in the costs for him, until he's sold in which case we realise the profit.
There's nothing ambiguous about that, it's how LFC accounts.
Re: Merged Topics: Club Refinance Thread
[quote author=Fabio link=topic=41783.msg1180380#msg1180380 date=1285189044]
[quote author=Asbo link=topic=41783.msg1180377#msg1180377 date=1285188923]
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
Xabi Alonso Real Sociedad £10,700,000 20.08.2004 Bought
Xabi Alonso Real Madrid £30,000,000 05.08.2009 Sold
[/quote]
Really? Did anyone bring this up?
Grow up a little bit
[/quote]
Get over yourself
[quote author=Fabio link=topic=41783.msg1180380#msg1180380 date=1285189044]
[quote author=Asbo link=topic=41783.msg1180377#msg1180377 date=1285188923]
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
Xabi Alonso Real Sociedad £10,700,000 20.08.2004 Bought
Xabi Alonso Real Madrid £30,000,000 05.08.2009 Sold
[/quote]
Really? Did anyone bring this up?
Grow up a little bit
[/quote]
Get over yourself
Re: Merged Topics: Club Refinance Thread
delete
delete
Re: Merged Topics: Club Refinance Thread
[quote author=crump link=topic=41783.msg1180368#msg1180368 date=1285188665]
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
No it ain't.
[/quote]
Any accountants on here care to settle this then ?
[quote author=crump link=topic=41783.msg1180368#msg1180368 date=1285188665]
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
No it ain't.
[/quote]
Any accountants on here care to settle this then ?
Re: Merged Topics: Club Refinance Thread
[quote author=Rosco link=topic=41783.msg1180412#msg1180412 date=1285189585]
[quote author=crump link=topic=41783.msg1180368#msg1180368 date=1285188665]
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
No it ain't.
[/quote]
Any accountants on here care to settle this then ?
[/quote]
Here's a little amortisation calculator from deloitte - http://www.iasplus.com/new/amortise.htm
See? It's just a method of rolling up the costs year on year.
[quote author=Rosco link=topic=41783.msg1180412#msg1180412 date=1285189585]
[quote author=crump link=topic=41783.msg1180368#msg1180368 date=1285188665]
[quote author=Rosco link=topic=41783.msg1180362#msg1180362 date=1285188578]
[quote author=crump link=topic=41783.msg1180338#msg1180338 date=1285187917]
[quote author=Rosco link=topic=41783.msg1180333#msg1180333 date=1285187814]
So we spent 40m net on players last year ?
Which players would that be then ?
[/quote]
This is the year 08-09 and includes amortisation. That means that any new contracts (including Rafas) are rolled up and paid annually.
I can't remember which mongs we wasted our money on that year tbh but I'm sure google will.
[/quote]
Amortisation is depreciation, it isn't transfer spending. It's a reduction in the estimated value of a player which is depreciated over the length of his contract.
Player A, bought for 10m on a four year deal. After year 1 he's worth 7.5m according to the books. 2.5m being the deprecation figure. That's all that is.
[/quote]
No it ain't.
[/quote]
Any accountants on here care to settle this then ?
[/quote]
Here's a little amortisation calculator from deloitte - http://www.iasplus.com/new/amortise.htm
See? It's just a method of rolling up the costs year on year.
Re: Merged Topics: Club Refinance Thread
[quote author=Asbo link=topic=41783.msg1180409#msg1180409 date=1285189556]
Rosco states that a players value (to the club) depreciates by 2.5 Million each year of his contract, I used the Alonso case to show thats not always the case.
Just as an example in a buying/selling critera.
[/quote]
Accountants always presume the worst Asbo, they work on the basis that every player is going to leave for free at the end of the contract. If a player is sold for more than his net book value then it's recorded as a profit.
[quote author=Asbo link=topic=41783.msg1180409#msg1180409 date=1285189556]
Rosco states that a players value (to the club) depreciates by 2.5 Million each year of his contract, I used the Alonso case to show thats not always the case.
Just as an example in a buying/selling critera.
[/quote]
Accountants always presume the worst Asbo, they work on the basis that every player is going to leave for free at the end of the contract. If a player is sold for more than his net book value then it's recorded as a profit.
Re: Merged Topics: Club Refinance Thread
[quote author=crump link=topic=41783.msg1180383#msg1180383 date=1285189087]
Amortisation as a term is being used here to show how we account for player contracts year on year. Player A is bought for 10m and is paid 2 million a year for 5 years, total cost 20m quid. Each year for the next 5 years we place 4m a year in the costs for him, until he's sold in which case we realise the profit.
There's nothing ambiguous about that, it's how LFC accounts.
[/quote]
You're counting the salary twice.
Player wages are accounted for in administrative expenses, not amortisation.
[quote author=crump link=topic=41783.msg1180383#msg1180383 date=1285189087]
Amortisation as a term is being used here to show how we account for player contracts year on year. Player A is bought for 10m and is paid 2 million a year for 5 years, total cost 20m quid. Each year for the next 5 years we place 4m a year in the costs for him, until he's sold in which case we realise the profit.
There's nothing ambiguous about that, it's how LFC accounts.
[/quote]
You're counting the salary twice.
Player wages are accounted for in administrative expenses, not amortisation.
Re: Merged Topics: Club Refinance Thread
Well Masch's contract was amortised in total. I remember it at the time. The 18.6 included the full cost of the contract, wages, the lot - and then over the past year Purslow started going on about new contracts for existing staff being rolled up in the same pot as the player movement dosh.
Well Masch's contract was amortised in total. I remember it at the time. The 18.6 included the full cost of the contract, wages, the lot - and then over the past year Purslow started going on about new contracts for existing staff being rolled up in the same pot as the player movement dosh.
Re: Merged Topics: Club Refinance Thread
[quote author=Rosco link=topic=41783.msg1180462#msg1180462 date=1285190550]
That mascherano thing was rubbish anyway.
Here's what the accounts state:
[/quote]
So did you read that then? It says what I said yeah? The player cost is split and accounted for year on year.
[quote author=Rosco link=topic=41783.msg1180462#msg1180462 date=1285190550]
That mascherano thing was rubbish anyway.
Here's what the accounts state:
[/quote]
So did you read that then? It says what I said yeah? The player cost is split and accounted for year on year.
Re: Merged Topics: Club Refinance Thread
[quote author=crump link=topic=41783.msg1180467#msg1180467 date=1285190599]
The salary point is moot anyways, as they get paid the same every year whatever.
Amortisation means splitting the cost of the player over the term of the contract.
[/quote]
The transfer fee and agent fee, not the wages.
If you were correct the amortisation charge would be the players current wages, plus the cost of the transfer. Given that the wage bill is 100.5m, how do you come out with a figure of 40m ?
It makes absolutely no sense.
[quote author=crump link=topic=41783.msg1180467#msg1180467 date=1285190599]
The salary point is moot anyways, as they get paid the same every year whatever.
Amortisation means splitting the cost of the player over the term of the contract.
[/quote]
The transfer fee and agent fee, not the wages.
If you were correct the amortisation charge would be the players current wages, plus the cost of the transfer. Given that the wage bill is 100.5m, how do you come out with a figure of 40m ?
It makes absolutely no sense.
Re: Merged Topics: Club Refinance Thread
Look, forget salary as it doesn't matter. The salary gets paid annually anyways, whether in that column or the other column it's an annual cost and that's that.
The purchase price is split annually. It's not depreciation, it's split cost.
Look, forget salary as it doesn't matter. The salary gets paid annually anyways, whether in that column or the other column it's an annual cost and that's that.
The purchase price is split annually. It's not depreciation, it's split cost.
Re: Merged Topics: Club Refinance Thread
[quote author=crump link=topic=41783.msg1180473#msg1180473 date=1285190654]
[quote author=Rosco link=topic=41783.msg1180462#msg1180462 date=1285190550]
That mascherano thing was rubbish anyway.
Here's what the accounts state:
[/quote]
So did you read that then? It says what I said yeah? The player cost is split and accounted for year on year.
[/quote]
No the value of the player is depreciated over time on a straight line basis. It isn't a timescale for payment of transfer fees as you suggest.
But we're never going to agree so this is ultimately pointless.
[quote author=crump link=topic=41783.msg1180473#msg1180473 date=1285190654]
[quote author=Rosco link=topic=41783.msg1180462#msg1180462 date=1285190550]
That mascherano thing was rubbish anyway.
Here's what the accounts state:
[/quote]
So did you read that then? It says what I said yeah? The player cost is split and accounted for year on year.
[/quote]
No the value of the player is depreciated over time on a straight line basis. It isn't a timescale for payment of transfer fees as you suggest.
But we're never going to agree so this is ultimately pointless.
Re: Merged Topics: Club Refinance Thread
Liverpool - Amortisation
When Liverpool signs a player we generally know how much has been paid in transfer fees, the figures from www.soccerbase.com are a good source.
The club has to pay the transfer fee to the selling club. In the club accounts it then has to report how much it views each player's worth has declined each year. So for example Aqualini for a reputed £20m on a five year contract costs the club £4m per year. This is what is reported as 'amortisation' in the club accounts. At the end of the contract the player can just leave on a 'free' so he is viewed as potentially no worth to the business after that.
Liverpool - Amortisation
When Liverpool signs a player we generally know how much has been paid in transfer fees, the figures from www.soccerbase.com are a good source.
The club has to pay the transfer fee to the selling club. In the club accounts it then has to report how much it views each player's worth has declined each year. So for example Aqualini for a reputed £20m on a five year contract costs the club £4m per year. This is what is reported as 'amortisation' in the club accounts. At the end of the contract the player can just leave on a 'free' so he is viewed as potentially no worth to the business after that.
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