As I understand it players values are amortised or depreciated over the course of their original contract. I don’t know if it’s a straight line, set percentage per year or some sort of logarithm. However, I suspect Toby’s value as an asset on the BL is basically negligible at this point
If we sold him for £25 million a “normal business would show that as a profit on disposal.
Take, as an example, a company buying a car for a rep. Say they spent £50k on it. They would depreciate it by say 20% per year so after 5 years it would have a nil net book value. If they sold it for £5k at that point that would be shown in the P&L as a profit on disposal. Same thing for player trading I suspect.
Yeh, don't know the exact 'science' in terms of the rate of prejected depreciation is calculated, but that's generally how I understand things to work.