Financial Fair Play and how it works for Premier League clubs nufc epl
So, if Newcastle United or any otherclub, buys a player for £10m, you spend £10m cash, get a £10m asset. That is if you pay in cash. So FFP impact is 0.
The Financial Fair Play impact for players is a result of asset depreciation. Every year, a player loses value equal to 1/the length of their contract. So if you give them a five year contract they lose 20%, if you give them a 10 year contract they lose 10%. That is a loss that’s counted forHere is a quote below from the FinancialFairPlay.co.uk‘An important part of the rules relates to the way that player transfers have to be accounted for.
We need an example: let’s assume Torres was signed for £50m on a 5 year contract and that Chelsea paid Liverpool £50m via an immediate bank transfer. As far as the Profit & Loss section of accounts is concerned , Torres’ purchase price would be depreciated evenly over the 5 years of the contract.
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