We'll sell Grealish surely? Not sure we'll get a massive amount for him mind, the way he's played this season.
Now that he's signed a 5 year deal, does Grealish's value, and probable release clause, help us towards FFP in any way? i.e. by being an asset on the books..
Quote from: Drummond on September 24, 2018, 03:09:07 PMNow that he's signed a 5 year deal, does Grealish's value, and probable release clause, help us towards FFP in any way? i.e. by being an asset on the books..No, his value is in the transfer fee as he is a youth player who cost nothing so would be pure profit on the books.
Quote from: aj2k77 on September 24, 2018, 03:10:28 PMQuote from: Drummond on September 24, 2018, 03:09:07 PMNow that he's signed a 5 year deal, does Grealish's value, and probable release clause, help us towards FFP in any way? i.e. by being an asset on the books..No, his value is in the transfer fee as he is a youth player who cost nothing so would be pure profit on the books.I thought he would now be counted as a saleable asset worth £X as opposed to £Y previously? However, I know nothing about finance. let alone FFP.
Just wonder if the new owners see where we are by January and for the sake of FFP have a bit of a fire sale then if promotion is not on the horizon.
It’s got to help hasn’t it? He will amortise over five years as opposed to the 1.5 years that was left?
There is no amortisation with Grealish. He's a former youth player, so has no value in the accounts. The fact that he's signed a new contract doesn't change that. Whatever his theoretical value is, is totally irrelevant. The only time he'll appear in a set of accounts for transfer value and amortisation is when we sell him. His whole sales value will be profit for us, and then his cost will appear in Spurs' accounts, written off over the length of the contract there.