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I've heard Abromovich has spunked half a billion at Chelsea

Little offtopic but

Chelsea

-Before Abramavich
Players in: £136,940,000
Players out: £68,475,000
Nett spend: £68,465,000
Per season: £5,705,417
-After Abramovich (03-04)
Players in: £767,700,000
Players out: £182,500,000
Nett Spend: £585,200,000
Per season: £65,022,222

:D(y)
 
I made a mistake when I posted that.. if you are knocked out of the group stage qualifiers, you will not see much benefit. If you make it to the group stages, you will make at least €8.6m.

Here is a chart showing last year's CL financial distribution figures from the group stages onward... UEFA CHAMPIONS LEAGUE: Distribution to clubs 2012/13

And a link to an article explaining the numbers and breaking them down a little bit... Club benefit from Champions League revenue

There is some vry big money to earn in the Cl that is clear. No wonder the likes of Man U are crapping themselves about getting inthere with the debt they have from the Glazers. But add to that the advertising and merchandising that can emanate from a succesful CL campaign and you are talking big money.
 
Accounts are made up of different sections, Trading account, Profit and Loss account and Balance Sheet.

Well, yes. But collectively, they are all incorporated into what is known as 'the bottom line'

Players are assets of a club albiet a mixture of depreciating and appreciating assets and will be reflected in the balance sheet which sets out the value of the company in this case Everton fc ltd and that is clouded by the fact that there is a holding company.

LOL! nope. Player values are not reflected in the balance sheet. Only incomings and outgoings are. The value of the club and the annual accts. are two entirely different things

Back to players they are valuable assets so the acquisition and disposal of them is not a trading activity so will not show in the Trading or P & L accounts which determine the liablity to corporate taxes.

Okay mate x


If I'm wrong, I'm wrong. But I don't think I am. Transfers (money spent/received) are factored in the bottom lime of loss/profit.
 
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