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Tribunal Update


Shipley Ram

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On 17/08/2020 at 11:05, Carnero said:

If 21 year old "Player X" is signed for £5m on a 5 year contract, using the straight line method then his balance sheet value would be £1m after 4 years when he might still be expected to be a £5m+ rated player at that point.

Using our method, where I imagine we project the value of each player as at 1 year remaining on a contract, our depreciation may go £0, £0, £0, £0, £5m. Or it may go £0, £0, £0, £1m, £4m. Rather than 5 lots of £1m.

Nobody knows, but it's certainly not "dodgy" when it is in line with FRS102, it actually makes more sense.

Ahem...

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4 minutes ago, Animal is a Ram said:

Waiting for the EFL to appeal it just to extend our misery.

I fail to see how they can appeal it, seems they were just completely blown a hole in

 

I was under the impression there was no appeal possible?

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