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Podcast: For The Love of Paul McGrath: An Aston Villa Podcast
Episode: VILLA A.M. 19th AUGUST
Description: AI's WORKINGS AROUND AMORTISATION OF BAILEYS CONTRACT TO FIND HIS BOOK VALUE
Leon Bailey was signed by Aston Villa on August 4, 2021, for a transfer fee of £30 million on a contract expiring June 30, 2025. This represents an original contract period of 1,426 days. The transfer fee is amortized on a straight-line basis over this period under UEFA's financial regulations for player registrations.
By the contract extension date of February 12, 2024, 922 days had passed, resulting in £19,397,400 of the fee being amortized (922 / 1,426 × £30,000,000). The remaining book value at extension was £10,602,600.
The extension adjusted the contract expiry to June 30, 2027, creating a new amort...