Scientific Online Resource System

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series

Accounting problems in the subsequent evaluation of the rights to football players

Rumyana Marinova


Acquired rights to football players are a specific intangible asset and therefore have different features in their initial and subsequent valuation. The purpose of this paper is to make a critical analysis of the factors that determine the downgrading of players' value, which is a prerequisite for recognizing accounting impairment of acquired rights to players. According to the International Financial Reporting Standards (IFRS) at the end of each reporting period, a football club is required to assess whether there is any indication that a footballer may be impaired. The aim of this paper is to analyze this specific procedure because the rights to the players are different from the other intangible assets, as their value depends very much on the results achieved by the individual footballer.


football players, impairment, IAS 36, accounting

Full Text


Amir, E. G. (2005). Accounting, Valuation and Duration of Football Player Contracts. Journal of Business Finance & Accounting, 32(3) & (4), April/May, 585.

Benkraiem, R. L. (2009). Market reaction to sporting results. The case of European listed football clubs. Management Decision, Vol.47, 100-109.

Deloitte. (2017). Ahead of the curve, Annual Review of Football Finance.

FIFA. (2018). REGULATIONS on the Status and Transfer of Players.

Maglio, R. a. (2017). The impairment test for football players: the missing link between sports and financial performance? PALGRAVE COMMUNICATIONS, 1-9.

UEFA. (2018). UEFA Club Licensing and Financial Fair Play Regulations .

Vernhet A, A. B. (2010). Professional Players: Specific Intangible Assets. Prague.

БНТ, Н. (2017).

Георгиева, Д. (2016). Счетоводна обезценка на нетекущите активи. Варна: Наука и икономика.

МСС 36 - Обезценка на активи. Регламент (ЕО) № 1126/2008 на Комисията от 3 ноември 2008 година, посл. изм. доп. Регламент (ЕС) № 243/2010 на Комисията от 23 март 2010 година.

МСС 38 - Нематериални активи. Регламент (ЕО) № 1126/2008 на Комисията от 3 ноември 2008 година , посл. изм. Регламент (ЕС) № 243/2010 на Комисията от 23 март 2010 година.


Font Size