mightymoyes
Player Valuation: £70m
It's a significant profit. Lookman cost about £11m and had a 4.5 (5 for accounting purposes) year contract.
With two years left on his deal, the accounts give Lookman a current value of £4.4m
We've sold him for 25m euros, or just over £22.5m on today's exchange rate
Means the accounts are going to show a profit of a touch over £18m for him - that's good going for a lad who hasn't really kicked on here (even if we all know he has talent)
Using the same methodology, we've made a profit of about £8m on Vlasic
The "net spend" is far less important to us these days than the accounting profits and losses
the 11m would have included all the add ons which theres no way he met