Yes

And it's a one-off write off of the asset represented by the remaining element of the purchase price. Not certain, but the use of the of the term 'onerous contract' suggests to me that it may well also include the remaining wages on the contract. In which case the wages we are paying Naismith this season won't touch this season's accounts as we already accounted for that cost in last season's. Would have to check the full accounts to be sure.

Posted By: mr carra, Oct 24, 12:10:22