That definitely only means one thing then... Juke's on his way out.
It is possible that SISU may buy Le Fondre - if they can get him for a cut price. Buy him for £750k - give him a book value of £1.5m and suddenly the company's assets have increased and therefore so has the value of the company. Its all smoke and mirrors and accounting - football is very secondary.
In Italy they do this, it's called plusvalenza. And yes, it is sometimes manipulated I'm not sure how it works here, could be similar. Some body has to regulate values though, insurers?What utter bollox!!! If that's the case what's stopping them buying loads of L2 players for £50k and giving them a book value of £200k - £500k?!?!?!
It is a possibility that this is the additional striker they are signing not the replacement
Yeah but fans always say that, you only have to look on our forum.
You're not bothered that you are losing a 25 goal a season striker? Really lads? I bet they have tears in their eyes as they type.
sorry jan have to disagree with that ............ the players are valued by the club at the cost of transfer and that cost is written down over the life of the contract. There is no mechanism or purpose to any such revaluation. Taking it further we dont even put a value on the young players coming through because there has been no transfer fee.
but am sure there is plenty of smoke and mirrors going on so totally agree with you on that
Spot on mate. I studied sport and leisure management at Plymouth uni and we looked at football clubs in a case study. Did u know Ryan giggs, Paul scholes and the rest of the golden boys at united were valued at £0 as they were bought up though the club! Players are not worth anything till they are purchased or sold by a club (on the accounts sheet anyway!).
Similar too; if u by an antique for £50, and its worth a £1000. It's still only worth £50 until u sell it for a £1000.
Thanks for the first part, insightful.Spot on mate. I studied sport and leisure management at Plymouth uni and we looked at football clubs in a case study. Did u know Ryan giggs, Paul scholes and the rest of the golden boys at united were valued at £0 as they were bought up though the club! Players are not worth anything till they are purchased or sold by a club (on the accounts sheet anyway!).
Similar too; if u by an antique for £50, and its worth a £1000. It's still only worth £50 until u sell it for a £1000.
So if you bought your house 25 years ago for 12k it is only worth 12k when your neighbours is worth £150,000? :thinking about:
fact is the players are valued in the accounts at cost of transfer less the amortisation of that cost over the life of the contract - they are not put in at some other value. For that reason Conor Thomas is actually valued in the clubs accounts at £0 because we never purchased him but we all know Liverpool had a potential deal to buy him at £1m