depreciation

Sell £250m of players that had a depreciated book value of (say) £150m on the books.

Gives you £100m profit for this year to spend.

Buy £300m of players depreciated over 5 years, giving a £60m per year 'hit' to FFP.

Still leaves you £40m of 'profit' to play with this year (or another £200m of acquisitions)

As long as they can keep generating £60m pa profit (+ whatever lse they spend this year) for the next 5 years, they'll be fine for FFP.


(Numbers rounded, and guessing on the book value of the players sold, for discussion purposes)

Posted By: CWC, Aug 15, 16:03:20