Hi, not quite. Amortisation is the transfer fee spread over the contract life. So Joao Pedro for £30m on a five year deal is £6m a year accounting cost. My understanding is that the Albion paid the full fee up front too and got a discount as Watford were skint
These are the scores on the doors
Headlines
Revenue £223m Up 6% 10th highest in PL
Wages £146m Up 15% 13th in PL
Average Weekly wage £65k, 13th in PL
Amortisation £39m Up 20% 17th in PL
Underlying Loss £34m up 120% 5th least worst in PL
Player sale profit £110m Down 9% 3rd in PL
Highest paid...