CASE STUDIES EU Footballers as assets One of the well-known soccer clubs in Britain, Liverchester, has made a decision to include its players on the club's statement of financial position as assets. These players are signed to the club every 3 years and are paid large amounts of money by the club each year under various con- tracts. The club also insists on a transfer fee being paid if a player wishes to go to another club while under contract. Required Discuss whether the Liverchester club is justified in its action of treating players as assets, by reference to appropriate accounting regulations. A ENG 8:50 PM 23/08/2020