The study focuses on the valuation of multi-year rights to sports performances (DPS) of professional football players, which is crucial for understanding the correlation between costs and revenues and assessing the economic capital of football clubs. DPS are typically classified as intangible assets, but discrepancies between recorded costs and actual market value can impact compliance with sector-specific accounting regulations, such as Financial Fair Play (FFP). The paper investigates various accounting methods for DPS and their effects on financial statements and FFP compliance. These methods include accounting as operating costs, prepaid expenses, deferred charges, and intangible assets. The study compares the cost criterion, mandated by UEFA and the FIGC, with the fair value approach of the IAS/IFRS accounting paradigm, examining the impact on financial statements and FFP parameters. The accounting of DPS affects shareholders’ equity, which is likely lower when valued at cost, directly impacting FFP parameters. The potential inclusion of a revaluation reserve within UEFA’s parameters could help smaller teams meet FFP constraints without relying on capital gains from player sales. The examination reveals that there is no one-size-fits-all accounting criterion for DPS due to the unique aspects of each team and player. Each club must carefully evaluate the accounting discipline to apply, based on its business model. The work concludes with a qualitative analysis of the critical issues related to the presentation of DPS in financial statements and the challenges in their valuation, considering the unique contractual status of professional players. This analysis is crucial for a truthful and accurate representation of a football club’s financial situation, especially in light of the stringent requirements of Financial Fair Play.