halfcenturyup
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- 12 Oct 2009
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Because we're supposed to report all payments to players as part of their remuneration. But your point is also valid and I suspect that would have been our argument to UEFA.
Image rights are personal payments and paid differently to wages. We'd sold those rights to an unconnected third party. It's be the same as reporting any commerical revenue earned by players for adverts and promotions.
If I can just sidetrack the thread for a minute, PB, do we know what the substance of the Fordham deal was?
Afaik, the club sold the image rights of some players to Fordham in 2012 (was it?) to accelerate income because the club was short for FFP. So the club received an amount of money which must have represented the net value of the future income and costs of those image rights over the length of the contract.
So from 2012, for around 5 years, Fordham must have made a return on those image rights by exploiting them and paying a % to the player. Is that right? Is that how it worked?