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  1. Easy 10

    [Albion] Albion accounts 2020/21 [Loss reduced to £53.4m from £67.2m ]

    Fair enough :thumbsup: I didn't appreciate the concept of a footballing debt (ie an entire transfer fee) still being considered an asset on a balance sheet even if its been set over several years, but nwgull and yourself have clarified it well. Still seems odd that cash not coming in until...
  2. Easy 10

    [Albion] Albion accounts 2020/21 [Loss reduced to £53.4m from £67.2m ]

    I shall bow to your superior knowledge then. I would have assumed that the entire transfer fee that was agreed does not appear in our coffers until the *actual* money does. But I am not an accountant.
  3. Easy 10

    [Albion] Albion accounts 2020/21 [Loss reduced to £53.4m from £67.2m ]

    https://www.gq-magazine.co.uk/article/what-really-goes-on-behind-the-scenes-of-a-big-football-transfer#:~:text=Transfer%20fees%20are%20usually%20paid,investment%20they%20will%20be%20making. Transfer fees are usually paid in instalments Any club wanting to invest huge amounts in a superstar...
  4. Easy 10

    [Albion] Albion accounts 2020/21 [Loss reduced to £53.4m from £67.2m ]

    Football isn't like any other business though, as we well know. I'd assume its simple enough to find out though. We sold Mooy for £4m to some chinese mob in 2020. Did that £4m appear in full in our accounts that following financial year ? I wish there was someone we knew who could clarify all...
  5. Easy 10

    [Albion] Albion accounts 2020/21 [Loss reduced to £53.4m from £67.2m ]

    Well I've got no inside track any more than anyone else, so who knows. But that would lend weight to the length of time the negotiations took - precisely because its not standard practice for clubs to stump up the entire fee up-front, so the "spread" of the payment of the transfer fee was...
  6. Easy 10

    [Albion] Albion accounts 2020/21 [Loss reduced to £53.4m from £67.2m ]

    No, I'm aware of amortisation and the difference. I'd been under the (mistaken) assumption for a long time that transfers fees are paid in full, up front. They are not. This is why, when a club goes into administration, you often see a lot of "football debts" owed to other football clubs...
  7. Easy 10

    [Albion] Albion accounts 2020/21 [Loss reduced to £53.4m from £67.2m ]

    Usually the fee is paid out over the course of the contract. He signed for them for 5 years, so presumably we'll be trousering £10m/year from them. I'd assume this kind of deal does NOT apply to CPFC2010 though. It would be foolish in the extreme not to get as much of the transfer fee...
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