Budget 1999: Rules help value football players

Wednesday 10 March 1999 00:02 GMT

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NEW MEASURES to help football clubs account for the value of football players will be brought in as part of the Budget.

New accounting rules insist that clubs account for players as "intangible assets" on the club's balance sheet, rather than being charged to profits in the year they are bought. The measures ensure the rules do not disadvantage football clubs.

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Budget 1999: Rules help value football players

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