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Stadium B Class Debentures

Treatment of stadium B Class Debentures purchased below face value

Hi 

Looking for some advice.  We recently purchased 8 B Class stadium debentures for Murrayfield and I’m not sure how they should be treated on our accounts.  We paid £10k for 8 and the face value is £2.2k, redeemable for face value, no right to interest but rights to purchase tickets. 

 

Any help appreciated.  

Thanks

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06th Dec 2018 21:55

Murrayfield? Surely you would just use fair value and write them off as worthless.

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By DJKL
to Tim Vane
06th Dec 2018 22:13

Only 50% surely, there are visiting teams.

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