Got something to say or just want fewer pesky ads? Join us... 😊

[Albion] £149,700,000









Zeberdi

“Vorsprung durch Technik”
NSC Patron
Oct 20, 2022
6,909
NSC: Far too many Saturday 3pm kick-offs are moved for TV coverage, Sky and TNT are killing football.

Also NSC: Why the f*** aren't we televised more often?
I’ve certainly never complained about fixtures being moved as I can’t get to Saturday matches anyway - I actually benefit from them being moved!

So yes, why the f** aren’t we televised more often indeed 😂

And it is perfectly legitimate to complain that the big 6 Clubs have in recent years tried to get even more (international tv) income directed to themselves. No one could possibly argue there is a fair distribution of wealth in League football or even enough distribution to open up the competition for smaller clubs to compete against the big 6/7 for silverware (ie Europa/League/Champions.)
 
Last edited:


Dec 29, 2011
8,204
@El Presidente since you're in this thread could you answer a question - do clubs pay VAT or capital gains tax on profit earnt from transfers? For example if Cucurella was bought for £10m and sold for £60m how much of the £50m profit is banked?
 


El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
40,000
Pattknull med Haksprut
@El Presidente since you're in this thread could you answer a question - do clubs pay VAT or capital gains tax on profit earnt from transfers? For example if Cucurella was bought for £10m and sold for £60m how much of the £50m profit is banked?
There’s no capital gains tax paid directly by companies, but if a club sells an asset at a profit that is added to trading profits (or in the Albion’s case losses) to determine overall profits chargeable to corporation tax. Some losses made in previous years can be carried forward and offset against the losses too
 




schmunk

Why oh why oh why?
Jan 19, 2018
10,341
Mid mid mid Sussex
@El Presidente since you're in this thread could you answer a question - do clubs pay VAT or capital gains tax on profit earnt from transfers? For example if Cucurella was bought for £10m and sold for £60m how much of the £50m profit is banked?
Player transfers are subject to VAT under the normal rules.

Transfers within the EU are subject to the reverse charge mechanism (effectively buyer pays in their own country). Transfers outside the EU are exempt.
 


Albion and Premier League latest from Sky Sports


Top
Link Here