doombear
Member
- Location
- Too far from Selhurst Park
- Country
England
England
USA
Ireland
Just off the top of my head, I believe it is written off over a few years. I guess it depreciates on the trial balance too. But I do believe that capital expenditure is allowed under the financial rules. Not sure exactly how much or even if there is a limit. I guess it means capital expenditure on our new main stand will not count as a loss for the financial rules of the Premier League and Europe. I presume it takes a bit of accounting.That is a load of rubbish it does not show any breakdowns or anything.
What is classed as a loss it doesn't even define it.
Here is an example Man City spend 1 billion on a new ground and other facilities well this would class that as a loss (It clearly is not)