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Squabsy

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  1. The club are advertising for a Financial Accountant who speaks Mandarin to report into the Hong Kong based holding company ....so if you apply for that job you'll be able to ask him yourself
  2. From Aston Villa's published accounts The cost of acquiring a player can be made up of many components. These include the transfer fee itself and agents fees. The costs are capitalised and included as intangible fixed assets. These costs are then depreciated or ‘amortised’ over the length of the players contract. The amortisation charge reduces the value of the asset and creates a charge in our profit and loss account. As an example if we purchase a player for £1m on a 4 year contract we would have an amortisation charge of £250k per year. At the end of year 1 he would have an asset value of £750k. At the end of year 4 he would have a value of nil. If a player signs a contract extension we would amortise the remaining asset value of that player over the length of the new contract."
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