Everton - Assets
Everton has two kinds of assets - fixed and "intangible".
Fixed assets are essentially bricks and mortar and training facilities. The "intangible assets" are the values of the bought players. As explained on the amortisation page the young players brought through do not appear as assets, even if they obviously are. This means if, or when, they are sold the money form their transfer is straight profit.
As can be seen on the graph the fixed assets are in steady decline. From just under £15m in 2002 they have reduced to just over £9m in July 2009. The reason for this is that Goodison is coming to the end of its useful life, it costs ever more each year to keep it in a working condition, over £1m was spent on maintaining the ground in 2009.