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 on August 15th 2023 at 16:03:20
Message Thread
- Palace could be in trouble losing Elise now (n/m) (Other Football) - loz, Aug 15, 15:26:43
- How can Chelsea keep buying and buying and avoid FFP? (Other Football) - Gazzaman, Aug 15, 15:34:27
- depreciation (Other Football) - CWC, Aug 15, 16:03:20
- They’ve sold a lot of players this summer (n/m) (Other Football) - loz, Aug 15, 15:35:56
- They've only been out of a transfer embargo for about 18 months. (n/m) (Other Football) - protheroe fitzgibbon, Aug 15, 15:35:47
- How can Chelsea keep buying and buying and avoid FFP? (Other Football) - Gazzaman, Aug 15, 15:34:27
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