Bearing in mind Pound/Dollar exchange rate is 1.644 to the pound. - TopicsExpress

Bearing in mind Pound/Dollar exchange rate is 1.644 to the pound. Balotelli was sold to AC Milan for £22m in January 2013 signing a 4 and a half year deal... Divide by 4 and a half years £22m =4.8m pounds per season to amortise his deal... Balotelli played 1 and a half seasons at Milan tats £4.8m x 1.5= £7.32m offset or paid back to club in services...subtract tat from 22m pounds u get abt 14.68m pounds which is US $24.13m...Balotelli was sold to Liverpool for 16m pounds i.e US $26.36m...AC Milan made £1.32m profit i.e US$2.17m) Luiz bought for £20.83m by Chelsea in January 2011, signed a five and a half year contract with Chelsea...Divide value by 5.5 = £3.79m per season worth of service to Chelsea...Luiz played 2 and a half years =2.5...Multiply £3.79m per season of services by 2.5 = £9.46m tat Luiz paid back in services to Chelsea...Subtract tat from his value = £11.36m which is US $18.67m...Luiz sold for £50m = US $82.2m...Chelsea made a profit of US63.53m Atletico Madrid paid €833,000/ £694.000 for Diego Costas services from Valladolid in June of 2010 for a 5 year contract renewed in Aug 2013 to £20.83m for another 5 years ending 2018...Costa played just one season after tat contract renewal...To offset his contract value, Costa had to amortise £4.16m in services to Atletico each season...Subtract for the one season he played at Atletico you get £16.66m worth of services left on his contract...Chelsea paid £32m/ US$52.61m for Costa...Atletico made £15.34m/US$25.21m profit on Costa... June 2010 Di Maria signed 5 year contract from Benfica to Madrid worth £20.83m plus £9.17m in incentives = £30m..tats worth £6m in services each season.He played 4 of those years leaving just £6m on his contract with Madrid... Utd signed him for £60m and Madrid made £54m/US$88.78m profit... Now when doing a profit and loss account you factor in players book value not price tag teams put on players willy nilly versus what the club itself gets for the players it sells...Take for example for Utd with Welbeck...Acquired for nothing by Utd and sold to arsenal for £16m, tats a US$26,3m profit made by Utd already... Please refer to FFFP page to get better understanding of player value

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