have a question about assets One of the well-know 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 contracts. The club also insists on a transfer fee being paid if a player wishes to go to another club while under contract. Discuss whether the Liverchester club is justified in its action of treating players as assets, by reference to appropriate accounting regulations. MAX 600 words Additional Requirements Level of Detail: Only answer needed Other Requirements: the words should be about 600