Yes - recognise asset at value of transfer fee paid (plus agents fees prob)

And amortise over length of the contract.

Academy products likely don’t feature on the balance sheet at all, and if they do it would only be agents fees paid in agreeing a contract with them.

Posted By: SimonOTBC on August 27th 2024 at 17:32:43

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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