33Marthijs46
33Marthijs46 t1_iumtyt7 wrote
Reply to comment by [deleted] in [OC] How does Man United ⚽️ make money? by giteam
Amortization and depreciation might not be cash expenses but they are derived from cash expenses. United buying Anthony this summer for 100 million isn't listed here. Instead they depreciate 100 million over his contract length. Their net incoming cashflow from operations is near equal to the net outgoing cashflows from investments in intangible assets (player transfers).
33Marthijs46 t1_ixiv009 wrote
Reply to comment by Legal-Software in Manchester United may be up for sale, so is the team profitable? [OC] by NicuCalcea
This summer Manchester United bought Antony for roughly €100 million. They gave Antony a 5 year contract. So the transfer sum gets depreciated over the duration of the contract. This has nothing to do with dodging taxes this is just the way the finances work for a football club.