December 2, 2023

Wire Service Canada

Complete Canadian News World

Milan and Eintracht replace Hauge: the impact on the accounts

Milan and Eintracht replace Hauge: the impact on the accounts

Eintracht Frankfurt has mathematically reached redemption in the Bundesliga and can also celebrate Milan: with the redemption of the German club, in fact, a ransom for Jens Petter Hauge, who was sold last summer on loan with a redemption obligation to ‘Eintracht Frankfurt . With the deliverance of the Germans arriving four days ago, 8 million for redemption plus 5 million for rewards will go into Milan’s coffers, plus 2 million for the loan.

What would the financial impact of selling the Norwegian striker be? Purchased on September 30, 2020 for 4.8 million euros from Bodo Glimt, in his season with the Rossoneri he played 24 matches and scored 5 goals, including 5 matches and 3 matches in the European League. On the economic front, the depreciation associated with the Hauge amounted to 942 thousand euros. In Rossoneri’s financial statements up to June 30, 2021, the net worth has decreased to €3.857 million.

Looking at the current season and considering the payback obtained these days, after about 1 million depreciation, the net worth of Hauge is about 2.78 million euros: with the payback set at 8 million, the capital gain as such should be equal to approximately 5.22 million EUR, plus 2 million at the player’s trading level for the burdensome loan plus any bonus.

READ  Cortina wins again! Benny Vipitino, Renon and Merano - OA Sport