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To MikeMT's last 5 rumour replies
21 May 2025 18:48:37
Fuser is right in terms of the accounts.
We paid £52 million for him and gave him a 6 year contract in 2023.
In our books we are able to write off ( amortisation) that £52 million over 6 years . That works out at £8.6 million a year. At seasons end he will be two years into his contract so his value as far as the accounts are concerned will be £52 million - £17.2 million ( 2 years at £8.6 million a year) = £ 34.8 million
If we sold him for £35 million we will have suffered a cash loss of £17 million but from the accounts point of view we show a profit.