- Posts: 2808
- Thank you received: 414
C.J. wrote: Have to laugh at the un-educated plastics, they think because they find our ground has a book value of £750k on the balance sheet that is what it is worth-ignorance is bliss ! So just for them :
The difference between book value and market value is: the book value of an asset is its original purchase cost, adjusted for any subsequent changes, such as for impairment or depreciation. Market value is the price that could be obtained by selling an asset on a competitive, open market.
C.J. wrote: The current planned 2 year deal is with a club that is nothing to do with Rushe and is converting to fan owned. I take it you have no objection to that so again our deal with them is above board and strIctly legal