Accounting & Football

People are not listed as assets of a company, although their skills and expertise may generate revenue. The exception to this is football players. They generate revenue for the club, and can be sold off (unlike regular employees – I hope!)

Football players are a special group of assets, meeting the qualification criteria  for IAS 38.

In order to capitalise or put a value on footballer as an intangible asset for the financial records, the following is to be considered:

  • The cost at which the footballer is capitalised; are agent fees to be included?
  • Amortisation – over the contract period
  • Valuation of  footballers trained through a club’s football academy valued?


© countingonaccounting and Nuan Moji, 2013. The unauthorised use and/or duplication of this material without express and written permission from this blog’s owner is strictly prohibited. Excerpts & link may be used, if full & clear credit is given to Nuan Moji (blog owner), and countingonaccounting, with appropriate and specific direction to the original content.


One thought on “Accounting & Football

  1. I’ve always though about working in a football club to actually have first hand experience!!! I do think about the accounting transactions when transfers happen!!! lol!

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