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NUFC Sportswashing 2022

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Grumpy Old Man said:
Amortisation is nothing to do with payment for the transfer. Amortisation is simply non-cash accounting to spread the capital cost of a transfer over the life of a contract. So the full transfer cost is capitalised as an intangible asset, and an amount of cost/x, where x is the number of years of the contract. This applies even where the fee is all paid upfront. The cash payments can be, and usually are, on a totally different basis, although the purchase period, although the instalments would usually be in a period less than or equal to the contract length.
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Ah I see where I made a mistake.

I suppose the fact that it’s instalments is irrelevant in accounting terms for FFP then? Either it’s in instalments or it’s a full fee and it’s amortised?

How often are fees paid upfront then verses instalments?
 
tommoftm said:
What if the Saudis don't lose interest? What if they want a Champion's League before City or PSG? What if they go absolutely nuts on class players in the summer?
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Then they seem to be going about it half arsed to be honest. There's been no planning or forethought, everything from the dof, sacking Bruce and hiring anew manager seems to have been done on the fly, there dosent seem to be any coherent structure to their transfer business and they've more leeks than a Welsh farm
 
Roker Mackem said:
another myth :lol:


A lad was pictured with his pants down at the SoL. They say he shit on the seat. This was confirmed false. Mags say this as gospel now..as they do
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f***ing hell I’d forgotten about that absolute non-story.

Imagine comparing that to the horse whacker :lol: Proper clutching at straws.
rocky said:
Why would it be? You said the state don't own you.

You're thick as fuck aren't you tommo lad?
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Eee man you couldn’t write it. What a clown shoe.
 
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