33Marthijs46

33Marthijs46 t1_iumtyt7 wrote

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).

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