Business Income Ownership

Hi all,

I have a client who is looking to purchase a business.  The business is a company, but my client wishes to purchase only a few assets of the company (thus leaving the company and past history with the esiting owners).

My question is that the net income from the start of the financial year will be taken into account in the deal, so my thinking was my client would pay £x less the net income (as agreed) from the start of the financial year.  This would leave the ownership of the net income with the existing company.  Is this correct or am I missing something.

Any advice would be great.

Thanks,