Treatment of exp made for buying players by IPL franchises

I guess even they will be confused

whether to take players as an Advance payment in Assets side of B/s or as an Expenses in P&l Account

pls any CA help us in this matter

they treat the players contract fees as revenue exps........ debited in p&l

the amount paid to BCCI is also debited to P/L

I AGREE WITH SUDIPTO

IT SHOULD BE DEBITED TO P&L