Can someone please confirm the following...

Someone mentioned last night that BJ came to us on a free.
We then sell him for ?6m - is there a capital gain tax implication on this sale ?
Likewise when RVW becomes a free agent at end of this year and moves on as a free is the ?8.5 m we paid tax deductible ?
Furthermore how do you calculate final year accounts when the value of the " stock" varies so much - if you buy a player for ?5m and then have offers for ?20 what is his net asset / book value - great business if you want to "Cook the books".
Fuck I need to get out more !!

Posted By: Shut the gate, Sep 2, 08:39:31