Since 62's commentary on club accounts y/e 31/5/19.

[The Hooded Claw]

You will need to ask Since 62 exactly what he meant by that but I stand by my statement. A company cannot reduce it losses by merely increasing the value of its assets until any of the assets are sold at a greater figure than its book value. The increase in value will be shown in the accounts as a revaluation reserve thus increasing the net worth of the Company not its annual profit.

In the cases of DerbyCounty. Sheffield Wednesday and, I believe, also Aston Villa, the asset ie the Stadium, was sold at a greater value than in its books thus creating a profit on sale the sale of the asset.

To clarify (I’m a qualified accountant):
An increase in the value of the stadium WILL increase the reported profit (or reduce the loss), but unlike selling the stadium, it won’t result in additional cash coming in to the club.
Similarly, the provision for the Sala dispute decreases profit (or increases loss), but again, there’s no cash impact, as it is merely a provision.