Business Y pays 100 million pounds for a share (35%) of Business X’s profits in relation to one particular asset (a theme park) for 10 years. Business X will still maintain full control of the theme park and retain it at the end of the 10 year period. No equity is given for the 100 million, no assets are given for the 100 million and if business X made no profit for the next 10 years business Y would get nothing for the 100 million they have given.

Nobody on my course seems to know the answer to this question as this type of deal seems to be some form of financing but not one that anyone has ever met before. so if you have any idea..

1. What type of deal is this?
2. What is the accounting treatment for it?

Any help would be appreciated

Thanks

Jonathan