terraloon
First Team Squad
- Messages
- 1,551
- Reaction score
- 952
Using your numbers bought for £28.5m sold for £50mAssume I am wrong, but my back of fag packet calculations....
Cost of £28.5m, on a 7 yr contract - back the fee could be amortised over 7 years.
Thats a £4million book value per year.
5 yrs remaining on contract, meaning remaining book value is £20m
If we get £50m, that is around a £30m bankable profit, plus freeing up whatever salary he is on.
How do you get £35-40m?
Signed 6 1/2 year deal ( not 7) So £28.5 less amortised sum of £11 million.
Sold for £50 = £39 m book profit.

