how do they work out the book value of free transfers and academy products?

even more so if no agents' fees are involved?

"In accordance with FRS 10 and Financial Reporting Guidance for Football Clubs, transfer fees, transfer levies payable and agents fees are capitalised as intangible assets. Amortisation is provided at rates calculated to write off the cost of the transfer over the duration of the players' contract"

Posted By: blindasabat on October 2nd 2008 at 21:35:16

Message Thread

The company's principal activity is that of a professional football club (NCFC) - Reg Presley, Oct 2, 20:48:07
- how do they work out the book value of free transfers and academy products? (NCFC) - blindasabat, Oct 2, 21:35:16
  - I believe (NCFC) - Reg Presley, Oct 2, 21:36:58
    - so if Clingan (who won't be included in these latest accounts) (NCFC) - blindasabat, Oct 2, 21:45:25
      - I think so. But Lappin's included and he'll have a notional value (n/m) (NCFC) - Reg Presley, Oct 2, 21:49:55
        
        because those signed for a fee don't have the value of their contract included in their (NCFC) - blindasabat, Oct 2, 22:33:31
        
        Ignore me I'm talkiing shit (NCFC) - Reg Presley, Oct 2, 22:38:32
- hurrah, a post about the finances! (n/m) (NCFC) - Dave in France, Oct 2, 20:58:27
  - Have there been many then? (NCFC) - Reg Presley, Oct 2, 21:00:09
    - not enough (NCFC) - Dave in France, Oct 2, 21:01:38
      - Well I'd attempt it but I'm too busy (NCFC) - Reg Presley, Oct 2, 21:13:15
        
        And I'd do a Report on it but I don't understand anything with numbers in it. (n/m) (NCFC) - Ottosson Foxtrot, Oct 2, 21:16:26
        
        WHich is why you used to work for L&G I suppose (n/m) (NCFC) - Reg Presley, Oct 2, 21:54:38
        
        And the level of 'monkey'. (n/m) (NCFC) - Ottosson Foxtrot, Oct 2, 22:00:01
        
        'At', not 'and'. (n/m) (NCFC) - Ottosson Foxtrot, Oct 2, 22:00:12
        
        So if you'd stuck at it (NCFC) - Reg Presley, Oct 2, 22:03:21
        
        I have done a rough analysis of the profitability ratio and studied the gearing (NCFC) - Tomblander, Oct 2, 21:26:02
        
        The difference being (NCFC) - Reg Presley, Oct 2, 21:26:49
        
        That's girlies eh? (NCFC) - Reg Presley, Oct 2, 21:21:47
        
        "Poppet"? (NCFC) - Ottosson Foxtrot, Oct 2, 21:22:45
        
        Of course. He's a bloke's bloke like me. (NCFC) - Reg Presley, Oct 2, 21:24:45
        
        Can I come too? (n/m) (NCFC) - Ottosson Foxtrot, Oct 2, 21:27:51
        
        Well you can. Bit they don't serve Babycham (NCFC) - Reg Presley, Oct 2, 21:33:02

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