The Effect of Player Valuation as Intangible Assets as Per IFRS/IAS 38 and Return on Investment (ROI) of Player Transfers on Financial Liquidity: A Case Study of Manchester United PLC

Indrian Arsya Nandito; Mulyanto Nugroho

doi:10.55927/jfbd.v5i1.18

Authors

Indrian Arsya Nandito Universitas 17 Agustus 1945 Surabaya
Mulyanto Nugroho Universitas 17 Agustus 1945 Surabaya

DOI:

https://doi.org/10.55927/jfbd.v5i1.18

Keywords:

Player Valuation, Transfer ROI, Financial Liquidity, Manchester United, IFRS/IAS 38

Abstract

This study aims to analyze the effect of player valuation in accordance with IFRS/IAS 38 and Return On Investment (ROI) transfers on the financial liquidity of Manchester United PLC. The method used is quantitative with a longitudinal case study approach on financial data for the 2015–2024 period. The implementation process includes the collection of secondary data from the SEC's annual report and multiple linear regression analysis using SPSS. The results of the study show that player valuation and transfer ROI do not significantly affect the company's liquidity. These findings imply that the club's liquidity problems are structural due to the hand-to-mouth business model and high short-term debt burden, so they cannot be resolved through player trading strategies alone. Management is advised to focus on short-term debt restructuring.

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