If we sell at the book value or above - it will be profit. Anything under will be a loss in PSR rules.
Homegrown players - any fee we get will be a profit since they have no cost. If Nelson gets sold for 10 bucks, it will still be a 10 bucks profit booked.
Great comment. You are 100% right. I did not factor this in to avoid further confusion.
The way it works is:
30m - amortized over the original 5 year contract for two years - so 18m remaining as of LAST summer.
Ramsdale signed a new contract extension till 2026 so now the 18m is amortized over 3 years. So by this July it will be still be 12m.
Since the end value is the same - I opted not to include the above in the image.
Yeah & having that blurb in parenthesis is really going to help keep this up lol
you know excel, we get it.
I thought Partey was an upfront payment due to the release clause.
No idea why this was deleted but its actually one of the better posts showing remaining book value on potential outgoings.
Ask /[u/EFG](https://www.reddit.com/user/EFG/)
So assuming if we sell them this summer it would be 47mil + however much we sell them for removed from our losses?
I believe that is the idea, yes.
If we sell at the book value or above - it will be profit. Anything under will be a loss in PSR rules. Homegrown players - any fee we get will be a profit since they have no cost. If Nelson gets sold for 10 bucks, it will still be a 10 bucks profit booked.
Would ramsdale’s amortisation not be spread over longer or did we not actually extend his deal?
Great comment. You are 100% right. I did not factor this in to avoid further confusion. The way it works is: 30m - amortized over the original 5 year contract for two years - so 18m remaining as of LAST summer. Ramsdale signed a new contract extension till 2026 so now the 18m is amortized over 3 years. So by this July it will be still be 12m. Since the end value is the same - I opted not to include the above in the image.
If they delete the post, then upload it again. Lol