Valued at next to nothing on the books ( except Madine who will be at his transfer value less 1 years worth of depreciation in the next accounts)
Although some of those values are no doubt arguable.
Another one of the misleading things about company accounts.
We have a toolmaking business and the assets are depreciated on a straight line basis and are valued as almost worthless on the books even though they would probably have a market value of £2-300000k as this sort of stuff holds it's value well.
If the club for example agree a 3-4 year deal for Hoillet there's another £5m increase in value of our squad