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They count as revenue when payments are made, not when the contract is signed. 50M isn’t paid in one goTo be fair it's wage to revenue, so the transfer fees would count as revenue. However, I don't believe the whole transfer fee would be included as part of that year's revenue, just the installments, so of that £90 odd million, maybe 10-20%?
From an accounting perspective and for PSR purposes they count as revenue right away, i.e. when the contract is signed.They count as revenue when payments are made, not when the contract is signed. 50M isn’t paid in one go
You not seen a picture of him? He's the fucking BIGGEST boy!There's definitely some dodgy shit going on there. The Olympiakos stuff, the Lyon bollocks. I imagine it's raised a couple of red flags and Forest will end up getting investigated. Only the big boys can get away with doing sketchy shit.
Just expect a huge sigh from the guy who makes Daniel O'Donnell look like an acid tripIf this doesn't get done. I fully expect Alistar Goldmember to write. "Thomas Frank so impressed with Alfie Devine, Spurs are no longer looking for a number 10. Still expecting a few more out." Not buying we have money crap we've actually done nothing to suggest we have any more cash than usual..
I vowed to myself that I wouldn't come on to this thread until there was definite news, one way or the other.
Just couldn't resist a peek, but I'm going to try to keep to it from tomorrow.
From an accounting perspective and for PSR purposes they count as revenue right away, i.e. when the contract is signed.