Quote:
Originally Posted by pagl
There is a difference between the spread of his wages and any upfront signing fee and cost. Wages will be operational costs with 6 months this season and 12 months next season. The signing fee may be taken as a 1 off cost or into the balance sheet and written off over the 18 months.
As indicated by a tax accountant on here if the Ward money had to come into this years accounts then it would seem sensible to do the same with any fees to offset them and reduce tax liability.
None of us are party to this info and why do we need to be. Might show in the accounts 
The £200k available (as reported) I would hope covered this unless we have paid a crazy fee here. |
I would say so, Morecombe probably just wanting to cut their losses and hopefully that is additional money to BH's budget for this season. It has got to be the aim of the board to be in a position to increase that first team budget year on year if we are not to stagnate again before achieving our goal of the FL.