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Post by Mark on Mar 6, 2011 14:14:20 GMT
Lost 5.2MM in six months to Dec 2010 and liabilities exceed assets by 27.5MM. may not be allowed in Europa League next season.
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Post by moobs on Mar 6, 2011 16:22:56 GMT
So they'd be pretty fucked if they got relegated i'd imagine
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Post by basingstokeox on Mar 6, 2011 17:32:37 GMT
thought the new uefa rules applied to 2012-13 season not next
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Post by oxfordyid on Mar 6, 2011 20:44:22 GMT
When football clubs value their assets.. do they put their own valuation on players or aren't they included as an asset?!
Could be a recipe for window dressing.. or if they're not included as an asset then surely it doesn't give an accurate account of their finances..
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Post by Mark on Mar 6, 2011 20:57:12 GMT
thought the new uefa rules applied to 2012-13 season not next sorry don't know for sure. was just a story from the Sunday papers. It said a Spanish team ( Real Mallorca) were banned from Europe for financial reasons this season.
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Post by Mark on Mar 6, 2011 20:58:48 GMT
When football clubs value their assets.. do they put their own valuation on players or aren't they included as an asset?! Could be a recipe for window dressing.. or if they're not included as an asset then surely it doesn't give an accurate account of their finances.. not sure - in our club accounts we capitalise transfer fees paid as an asset and amortise over the length of the contract. Don't think clubs are allowed to value players at their 'resale' value.
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