Fernandez and Alvarez picked up for €10m+€8m and €17m from River Plate. Valera for €8m+€3m from Boca. And the list of smart pickups from S.American market goes on...
For everyone but us. Have we sold arroyo yet?Fernandez and Alvarez picked up for €10m+€8m and €17m from River Plate. Valera for €8m+€3m from Boca. And the list of smart pickups from S.American market goes on...
For everyone but us. Have we sold arroyo yet?
For both PL and UEFA purposes they have to do alternative accounts with a 5-year contract life, amortising the costs over that period. They're still allowed to contract for 6 or 7 years in terms of protecting the player's value and in their public accounts (which would be used for every other purpose, including banking compliance) they will amortise over 7 years.I thought 7 year contracts were banned by UEFA? Or do they just need to be amortized over 5 years? @Beamrider?
For both PL and UEFA purposes they have to do alternative accounts with a 5-year contract life, amortising the costs over that period. They're still allowed to contract for 6 or 7 years in terms of protecting the player's value and in their public accounts (which would be used for every other purpose, including banking compliance) they will amortise over 7 years.
It's really not that big a deal to be honest. They are probably already running 2 different sets of figures anyway as they'll be reporting figures for Clearlake under US accounting standards which will have some differences to the UK figures.That sounds like an awful lot of balance sheet accounting.
Imagine if we had sold Hendo in 2017 because he wasn’t topping any stat charts.
IMO this is what Chelsea have just done. Love to see it.
I know you’re kidding but I dont like to see big clubs stockpiling players…. Ruins careers and bad for the game as a whole.
A friend from work who's a Chelsea fan is pissed off with the American owners.Whos left at chelsea who actually gives a fuck about them? James? Cunts only fit 2 hours a year
Not sure if it went through but from memory he was under 17 so he wouldn't count as a "signing" just yet (can't sign as a pro until he turns 17).Didn’t we sign that kid from Chelsea?
Only?!?!only took them a year to fuck him off