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Remember when we talked about what it would take to relocate?


Quote:This...under US GAAP, leasehold improvements are capitalized by the lessee and depreciated over the shorter of the useful life of the asset or the lease life.  So he'll actually take all of the depreciation expense.

 

Having said that, I don't think it's some big conspiracy theory, I think he's pretty committed to this city.  I think he wants to be known for transforming Jacksonville and making his stamp on this city.
 

Right, but in this case Khan did not pay for it all himself.  Perhaps the Jaguars just capitalize the portion they paid for.  If not, then its probably all expensed in the year spent.

 

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Remember when we talked about what it would take to relocate? - by badger - 12-10-2014, 11:22 AM



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