Easy 10
Brain dead MUG SHEEP
What? Amortization is just a straight line accounting method, it has absolutely nothing to do with how the installments are paid.
I think 3.5-5m is about the right price. Or £2.5m with a 50% sell on fee.
What I mean is, the fee for the player would NOT be registered on the books (in Locadia's example) as a £14m transfer fee being paid out in one hit, all in one financial year. The cost of Locadia will be registered as £3.5m each year, plus his remuneration, recorded as player amortisation.
I'm just drawing attention to the fact that there is often an assumption that when a player moves for £50m (or whatever), that the entire fee is paid up front. Sometimes it is, but more often it is paid in annual instalments. So its nothing unusual for Rangers to be paying for Murphy on tick, its fairly standard.