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From the Man U Case Study Continued 2. One of the areas for which ManU...

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Accounting

From the Man U Case Study Continued 2. One of the areas for which ManU is best known is developing young talent and selling the player registrations. Beckham, for example, signed up with a ManU club team as a teenager and was developed internally. In exchange for training, a player like Beckham commits to a long term contract with no upfront payment. Suppose that ManU spent 500 developing Beckham to the point where he was ready to play for a professional club. Would they recognize an asset for the 500? Explain briefly.

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