- 17 Jun 2019
- North Manchester
- Team supported
- Manchester City FC
Its a loan he is still a city player until they paid an agreed fee at that time he becomes their player and signs a contract with them. He may never return but he is still under contract to City and playing under the terms of that contract so its a loan not a sale. Your welcome
You’re obviously not an accountant because it would be recorded as a sale in the accounts (current and future income accounted for), and you’re not practical because something that is loaned has a return factored into the arrangement and if it isn’t coming back it’s obviously not a loan.
I also presume that the whole notion is a figment of a fevered imagination because if a player leaves our club and goes to another on a permanent basis, as was described, then there would be no point in holding the players registration so the registration wouldn’t be pointlessly held.
Your welcome (sic)
PS. And you’re welcome too :-)