Farhad Moshiri this summer.
Dr Bank
Cr Sales
Wow, he's got us Gordon Banks and Fernando Sales.
What a window.
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Farhad Moshiri this summer.
Dr Bank
Cr Sales
I re-sat it 6 times. Got a C.
Usually over the length of the contract.Won't be quite as simple as that.
Stones' book value won't be £3m for a start. That £3m (assuming it was a straight £3m) will be amortised over a period of time. I'd imagine that the amortisation period will be quite short given the risk (maybe a couple of years?).
Not sure what will happen to the sales proceeds but probably the present value of the transfer fee would be 'capitalised' and some of the gain will come through the income statement as interest.
Can't remember exactly off the top of my head.
What I'm saying is it's not going to be as simple as 'bought for X sold for y = z amount of profit.
which means it was probably three times if you were that bad....
It would in STTC terms as purchasing an asset and one you have to pay - takes away from that available non-broadcast revenues (which the sale represents).
Honestly. You guys need to stop thinking in purely accounting terms and think in regulatory compliance terms
That is a set of additional rules over and above accountancy rules.
Good, log off and go to bed so we don't have to endure your existence. xIts ok mate. I'm washed out tonight. @MoutsGoat murdering of the subject matter finished me off. Can't take it any more for one evening
I think I got a D in maths for my GCSE.
I re-sat it 6 times. Got a C.
Anyway, lets get this thread back on topic, here is GOATs current update on player trading :
Stones OFF
Lukaku ON
Mata ON
Williams ON
Martins Indi ON
Witsel WHO CARES
Carvalho OFF
Koubilay OFF
Bony OFF
Hart OFF
More news as I make it up.
I can feel pants being pulled down REALLY soon...Sorry. In UK accounting does revenue mean profit or does is just mean total income as it does where I am?
Because you're talking profit not revenue when you start accounting for expenditure.
I took maths tons of times at O Level and CSE, in old money.
Best I got was Grade 3 CSE. Which is basically, Yeovil level.
Reckon things will pick up soon. Please.
Anyway, lets get this thread back on topic, here is GOATs current update on player trading :
Stones OFF
Lukaku ON
Mata ON
Williams ON
Martins Indi ON
Witsel WHO CARES
Carvalho OFF
Koubilay OFF
Bony OFF
Hart OFF
More news as I make it up.
Sorry. In UK accounting does revenue mean profit or does is just mean total income as it does where I am?
Because you're talking profit not revenue when you start accounting for expenditure.
I took maths tons of times at O Level and CSE, in old money.
Best I got was Grade 3 CSE. Which is basically, Yeovil level.
Reckon things will pick up soon. Please.
I think, in this specific SSTC rule, it is specifically about a trading profit on player sales that can be somehow banjaxed to mean we can pay footballers a lot more money.
I think.