oakiecokie
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A mega amount of boiling piss I hope. ;)
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Erling Haaland
- Thread starter JOGAMIGMOG
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This is a genuine question btw. How do contract extensions help with amortisation? If theres no initial fee to be spread over the duration of the contract (ie a new player) in what way does it dilute the cost? I'm not well versed in the ins and outs so genuinely curiousAll the extensions last month, some werent even needed. Clearly just shifting money over a longer period and bringing amortisation down. Preparing for something.
Gaz (FMwkdsoul)
Well-Known Member
Amortisation is the registration fee spread over the contract period, so if you extend the contract you reduce the annual cost.This is a genuine question btw. How do contract extensions help with amortisation? If theres no initial fee to be spread over the duration of the contract (ie a new player) in what way does it dilute the cost? I'm not well versed in the ins and outs so genuinely curious
Example: Sign a player for £20m on 1 January 2019 on a four year contract.
Amortisation charge in 2019 = £5m
(£20m/4)
At the end of 2019 give him a two year contract extension.
Amortisation charge 2020 onwards £3m
((20-5m)/(3+2))
(3 years being left on the initial contract and then an extra 2) (5m already accounted for in 2019)
This reduces FFP losses by £2m a year.
Therefore by extending a contract a club can reduce costs in a single year.
richards30
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Another quiet day on the press so far regarding Europe’s most anticipated transfer for this year.
That means clubs aren’t briefing PR and Raiola’s not briefing his own mouthpieces.
No news good news?
i think so yeah mate. Madrid had become the hokey cokey club!!
Gaz (FMwkdsoul)
Well-Known Member
Another quiet day on the press so far regarding Europe’s most anticipated transfer for this year.
That means clubs aren’t briefing PR and Raiola’s not briefing his own mouthpieces.
No news good news?
PSG in the mix again is todays story.
PSG in the mix again is todays story.
If a Madrid account is feeding PSG lies then for me this is done
D
D
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PSG in the mix again is todays story.
They could offer him the entire club and he still wouldn’t go lol
PSG in the mix again is todays story.
Barca back in the mix as well. Apparently they are trying to sell the classico to Haaland. Also they can apparently pay his release clause.
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