Below is a guide to defining what a capital gain is in world football, why it is used and how it might change in light of what happens in regular and sporting justice.
Technically speaking, capital gain (in football) is gain The amount at which a company sells a player, minus the amount Consumption rate From the card that was still in the budget. Let’s make Example So we understand each other better: I buy a player for €10m and give him a 5-year contract, €2m a year depreciation fee. If I sell it after three years for 20 million euros, my capital gain will be: 20 – (10 – 2 x 3) = 16. That is, the amount I get is less than what I still have on my balance sheet which is obtained from what I paid minus the depreciation charge (2) About the years the player was on my team (3). So the result is 16.
The clubs that trade the most players
Juventus capital gains, 42 operations under investigation
Let’s put aside the big names in Europe who are determined to win (and which therefore buy practically finished products, sparing no expense and who make huge returns on everything else) All other teams need to sell. Making capital gains on a footballer means identifying talent, developing it, nurturing it, and then preparing it for a more important team. There are many teams that get players to trade their core business, even at the highest level (just think of the states that have been historically dedicated to this: Portugal, Holland, France…): Benfica, Ajax, Monaco In recent years, they have achieved record sales and, in the meantime, have also managed to win (in their country but also in Europe).
What are “mirrored” capital gains?
The problem can arise – as it has been highlighted periodically in recent years – when capital gains are accrued by one Player exchangeand even more so if it is to be an equal exchange orMirrorWhy does the problem arise Mark evaluation. Reflected capital gain creates positive balance sheet value (which grows in proportion to the value attributed to the player) but includes a series of costs for subsequent balance sheets that burden the company’s future position. In some cases companies are “forced” to seek new capital gains for themselves Develop right today without thinking about tomorrow.
The real gist is: who gets to decide how much a player is worth? there figFor months, he had been trying to locate him objective means of verification. A lot of them hypothesis: relying on an algorithm, creating a mathematical and economic balance, making sure to issue some kind of alarm if values are not returned and then start checking before.
Cassini (League A): “The problem is the misuse of capital gains”
Infantino: “Capital gains? We need new rules”
Capital gains “is a serious issue, we’ve talked about it in recent months, but just look at the data in the football report to see how much it’s grown in terms of weight on the balance sheet – he explained Serie A president Lorenzo Cassini -. It in and of itself isn’t bad, there are companies that live healthily off capital gains. The problem is abuse and should be carefully examined in all countries in which it is marketed. How do you prevent abuse? It is a federal problem that is not only related to the football league and not only to Italy: there are no objective values, FIFA is making a program to reach an objective value as possible. We all know it: It applies to gamers as it does in any other market, it’s not easy. But there is no doubt that a single component cannot solve the problem on its own.”
the Sports Minister Andrea Aboudi He has already declared his willingness to contribute to clarifying the decisions taken and defining a point from which to start again: “My message is that of the institutional subject who does not want to remain passive, or remain an observer of degenerative factors. There are autonomy and roles, but we want to contribute to improvement and what will be the responsibility “The government will take place in coordination with Parliament. We also need a sense of responsibility: we don’t have much time, because I am aware of the lack of trust in public opinion and the need to understand the decisions. I will take care to ensure that the decisions taken are explained and a point is made to start over.” To announce possible changes to the “standard” was Economy Minister Giancarlo Giorgetti To “Sole 24 Ore”: “It is recognized that there is systematic recourse to fictitious capital gains in the world of professional football clubs – he notes – and if the country is a serious institution it wants to understand what this fictitious means, given that it has been shown on the balance sheet , and so here at Mef – I talked about it with my colleague Maurizio Liu (Deputy Secretary of the Treasury), we are considering whether tax legislation is an art or not 86 of the consolidated text on income tax somehow depicts this phenomenon in a coherent and correct way, and therefore I do not exclude The developments in the government’s proposals in this sense. Hence, the law “could change”, explains Giorgetti, adding: “The analysis of the phenomenon had begun. If this is the case, I don’t think the state can recognize fictitious capital gains. Capital gains are a beautiful thing, for heaven’s sake, but when they become deliberately artificial, the state must take measures to prevent this from happening.”