bobloblaw

What the hell are you talking about? You like to post about the US (politics, sports), but everything you say reads like someone who half read a tourism flyer. What the fuck does the bolded even mean?

Joke is on you, there is no tails.

Heads he signs...

I was just kind of thinking back, and trying to pinpoint when the whole shitty hot take thing started. Not really sure. I guess it just bothers me that being a fucking idiot has become a monetizable asset. Humans have more access to information now than ever before, and it depresses me that we choose to make absolute morons, who actively try to dumb down the species, millionaires.

Skip, or the skeleton? Because Skip might just be the single worst thing in US sports media.

Oh, I didn't mean it about the posters on here. Speculate away, I love all the speculation. I just can't stand the "journalists" who constantly throw shit at the wall hoping something will stick.

This is what "informed speculation" gets you:

Isn't Romano pretty much just a news aggregator with a catchphrase, not an actual journalist?

The away dressing room for the University of Iowa https://ftw.usatoday.com/2016/11/michigan-football-pink-iowa-visiting-locker-room-decorate

*bacon whopper

Wasn't sure where to put this, but guess it fits in here.

I'd imagine "including" means the add ons are part of the 50m

Thought this was pretty cool.

25%

Thought this would fit best here... https://threadreaderapp.com/thread/1548917012021145606.html and https://www.reuters.com/lifestyle/sports/barcelona-sell-further-15-laliga-tv-rights-sixth-street-2022-07-22/ About barcelona spending. EDIT: That values their la liga tv rights at $80m per year, which seems low?

Yes, I was just wondering if there was something special that makes accounting for transfers under FFP different from general accounting rules. It appears that there isn't, so the depreciation for the whole of the sale price would start from the beginning over the length of the contract.

You'd have been better off making this post in one word installments.

That's what I figured, same as a business buying a new vehicle. Pay up front or take out a loan, depreciation still starts right away.

So the example is for a fully upfront payment. If you pay in installments, does that change things? Buy a player for 10million over five years, pay 5 the first year then 5 the second. Is it 10m depreciated over 5 years, or 5m depreciated over 5, and 5m depreciated over the remaining 4 years?

This bit accurate? http://www.financialfairplay.co.uk/financial-fair-play-explained.php 3. Transfer Fees An important part of the rules relates to the way that player transfers have to be accounted for. Although a club will often pay a transfer fee to another club immediately, from a Break Even perspective the financial cost of acquiring a player has to be written-off over the duration of the contract. We need an example: let's assume Torres was signed for £50m on a 5 year contract and that Chelsea paid Liverpool £50m via an immediate bank transfer. As far as the Profit & Loss section of accounts is concerned (and the Break Even test), Torres' purchase price would be depreciated (or amortised) evenly over the 5 years of the contract. So, during the first 12 months, only £10m would be incurred as a cost in the accounts and Torres would end the year with a 'book value' of £40m. After 5 years, Torres' contract would have ended and he would be free to leave the club (he would also have a book value of zero). If the club sells Torres part way-through the contract, the club the difference between the amount they receive for the player and the book value at the date of the sale is accounted for immediately in the accounts (and the Break Even test) as a 'loss/profit on player trading'. This is important as it explains how a club can sell a player for below the original purchase price and still record a profit in the accounts during the year of sale. If Liverpool sell Andy Carroll for anything above £18m in the summer, they will record the difference as a profit on player sales during 2013/14. If we assume that Falcao comes to Chelsea for £50m on a 5 year deal in the summer, the club's P&L account for the year will only include £10m as an expense (under the heading 'amortisation'). The club will also, of course, have to include the player wages as an expense in the Profit & Loss account. If you want to know more about 'amortisation', see the video at the foot of this page.