City launch legal action against the Premier League

[Gordyola]

Question ?

If a player signs for a club and his fee is broken down over 5 years does the selling club have to put the full amount in the season revenue when they sold him or only put the amount the buying club pay each year into the season revenue

Full amount and if it’s paid in instalments then the VAT is paid in one period full amount So a £50 fee could be paid over a few years but the VAT £10M has to be paid to HMRC up front but of course the buying club claims it back anyhow

 

[domalino]

Will take 1 month to 3 months for a decision from the end of the hearing I reckon

That's roughly 22nd July to 2nd of September for anyone doing the maths.

 

[Metal Biker]

So no news is good news?

No news is no news.

 

[remember arthur mann]

Will take 1 month to 3 months for a decision from the end of the hearing I reckon

 

[Bloominmarvellous]

That's roughly 22nd July to 2nd of September for anyone doing the maths.

I wonder if the PL handbook has to published by a certain time. Noted it was 21st July publishing date for 23/24

 

[ganganvince]

Would have thought yesterday or today would have been good days to bury news