- Aug 25, 2006
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So then we sign £200m players all on 5 year contracts and it only shows as £40m for the year, add the loses to that and we’re maybe at a £75m cost, it works both ways.It's not because that money is written off against their value on the books.
So, if we bought Ndombele for 60 million his value on the books after 3 years is still 30 million.
So if we sell him for 15 million we make a 15 million loss not a 15 million gain.
There are many accounting processes that we can and seemingly do use to our advantage, I’m not here to discuss the best way to balance our books as frankly none of us have enough insight into the clubs overall finances and most of us aren’t experienced accountants capable of doing so.