my name is Michael and I am a Business student from Germany. I am currently writing my thesis about the of football players according to german accounting practises.
Everything is going smoothly so far. However, I can't find any article or source that deals with the capitalization of all costs regarding youth players development. Therefore, I wanted to gain an understanding of how such costs are capitalized according to IFRS standards.
Does anybody of you has a good source for me, or a hint? I am specifically looking for a way of seperating Research form Develeopment Costs in youth football (or any other form of sports), i.e. training.
Any help is much appreciated!