Recent comments in /f/dataisbeautiful

Tracorre t1_j6ug6kk wrote

A lot of coastal areas are like this, where because they are near the coast there isn't the opportunity for rivers to really group into a singular basin, it is just an area where many many different rivers go into the sea and each individual river basin would be very small. Some sort of grouping is happening in areas like that.

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sshuggi t1_j6uasaj wrote

The gap between the two is mostly preserved, meaning you didn't lose much lean mass. That's pretty remarkable; usually, weight loss inevitably includes some reduction of muscle mass.

You mention in another comment it was cardio (walking) and calorie deficit. Did you do any cardio regularly before now? New leg muscle growth might explain the preserved lean mass. At any rate, congratz on the progress.

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ThingsCanBeTwoThings t1_j6u4z36 wrote

I think the person pointing out the amortization issue is right, still.

I'm not an expert on the financials, but I believe the specific amount amortized is the capex spent to acquire the contract negotiation rights to a given player. Then that 'transfer fee' gets amortized over the life of contract.

Your point about it being non cash is totally fair, but typically for a large soccer team like this one, capex on transfer fees is a constant annual expense; I'd argue that amortization is close to a maintenance capex level. So even if EBITDA is positive as someone above suggested, free cash flow may not be.

To your specific point, when the contracts expire and the amortization goes to zero, you either have to re-sign the player at a much higher salary (players that sign without transfer fees invariably get higher salaries - the team doesn't have to pay to acquire the rights) or you lose the player and have to go buy rights to another player.

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