C
Now if you took the McNiel deal in isolation it would be a negative on the books.
If you took the list I quoted overall we would show a profit on all bar 4 signings
Maupay. McNeil Godfrey.and Gana.
In DCL and Pickfords case we would show a healthy profit and not forgetting a 45 million profit on Gordon
It's swings and roundabouts really and at the end of the day a player is only really worth what someone is willing to pay.
I know what you are saying mate when I was in business( admittedly not football) we would reduce the value of fixed assets by 25% per year .When u sell player you have to account for the full outstanding amortisation amounts. If Onana cost 30m that means 24m of that gets accounted for as a loss on the P&L immediately. McNeil was about 15m and upon sale, he has about 12m to be accounted for immediately on the P&L. Selling Onana for 35m would only yield about 11m profit and costs need to be taken out of that too. Selling McNeil for anything less than 12m would result in an instant loss which EFC probably can't afford to do.
Now if you took the McNiel deal in isolation it would be a negative on the books.
If you took the list I quoted overall we would show a profit on all bar 4 signings
Maupay. McNeil Godfrey.and Gana.
In DCL and Pickfords case we would show a healthy profit and not forgetting a 45 million profit on Gordon
It's swings and roundabouts really and at the end of the day a player is only really worth what someone is willing to pay.