Actual value can go up and down

But on the balance sheet, their value only goes down.

Some basic accounting info for you there.

Posted By: SimonOTBC on August 27th 2024 at 17:25:52

Message Thread

Football is strange part 983 (NCFC) - usacanary, Aug 27, 15:54:58
- I wonder if rangers will get anything for him? (n/m) (NCFC) - SimonOTBC, Aug 27, 16:56:25
- Footballers appear as assets on the balance sheet. Valuations can go down as well as up (NCFC) - MonkeyPuzzle, Aug 27, 16:27:42
  - Actual value can go up and down (NCFC) - SimonOTBC, Aug 27, 17:25:52
    - Thanks Simon (n/m) (NCFC) - MonkeyPuzzle, Aug 27, 19:23:30
    - Would you value at cost and depreciate over time? (n/m) (NCFC) - paulg, Aug 27, 17:29:16
      - Yes - recognise asset at value of transfer fee paid (plus agents fees prob) (NCFC) - SimonOTBC, Aug 27, 17:32:43
        
        What then happens to the value of a player on the balance sheet when they renew a contract (NCFC) - Putney Yella, Aug 27, 18:00:12
        
        Like signing afresh presumably (NCFC) - paulg, Aug 27, 18:12:04
        
        Nothing (NCFC) - SimonOTBC, Aug 27, 18:20:23
        
        To elaborate further…. (NCFC) - SimonOTBC, Aug 27, 18:28:31
        
        That’s interesting. Clubs will have considerable assets not showing on their balance sheet (NCFC) - Fenwood Lad, Aug 27, 18:37:40
- I mean there is quite an obvious reason for this isn't there. (NCFC) - Yellalee, Aug 27, 16:12:52
  - Though I guess that is the point you're alluding to, to be fair... (n/m) (NCFC) - Yellalee, Aug 27, 16:13:38
- Now being linked with Blackburn (n/m) (NCFC) - Trent_Canary, Aug 27, 16:03:44
- 🚨 don't mention his name you will tip them over the edge 🚨 (n/m) (NCFC) - ParrotPuncher, Aug 27, 15:56:57

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