Fair value of asset can be valued by professional valuer (for accounting or transaction purpose), the valuation report must be checked by the auditor for financial reporting. Three common valuation methods are market, cost and income. The market approach may be the most appropriate method for valuation of football player, but it is very difficult to justify the ability (or commercial value) of one player is same as another player. In order to achieve the so-call true market value, the "real" transactions have been done in the reporting period.
