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| Author: | Morrow, S. |
| Title: | Accounting for Football Players. Financial and Accounting Implications of "Royal Club Liegois and Others V Bosman" for Football in the United Kingdom |
| Journal: | Journal of Human Resource Costing and Accounting
1997 : Vol. 2:1, p. 55-71 |
| Index terms: | FOOTBALL ACCOUNTING UNITED KINGDOM |
| Language: | eng |
| Abstract: | The Decision by the European Court of Justice in Luxembourg in the case involving the Belgian footballer Jean-Marc Bosman presents the most serious challenge yet to the influence football clubs hold over their players. The court decided that it is a breach of European law for clubs to demand a transfer fee in respect of a player at the end of his contract, as this is a restriction of the free movement of labour as set out in Article 48 of the Treaty of Rome. This paper considers the implications of this decision for professional football clubs in the UK, several of whom record the services provided by their players as assets on their balance sheet. |
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