Why is Chelsea, after 520 million spent, still within ‘fair play’?

Date:

many wonder how Chelsea managed to stay within financial ‘Fair Play’ (FFP) limits despite spending more than 520 million euros this season. Taking the English club through Todd Boehley It comes from a strong investment in signings that cause complaints in other teams, but what is the trick?

The Chelsea are squeezing both financial resources used by other clubs and most companies in the world, using amortization to defer your cost. In football, it allows a team to divide the cost of signing a player between the years of the contract signed, i.e. if a footballer costs 100 million euros and signs for five seasons, each of of them will have an amortization amount and an effect on the accounts of 20 ‘kilo’, to which his salary is added.

The Chelsea He signed footballers this season for huge sums of money. The most recent case is that of Mudrykwhat is it worth €100 million (with variables), although the secret of the operation is his contract, because he signed for the next eight and a half years, the longest in the history of the Premier.

In theory, the laws of FIFA established in the maximum duration of a contract is five yearsbut there are caveats Chelsea are accepting to delay their spending spree.

This mechanism is what the ‘blues’ have used in most of the investments made since Boehly took over the club. Wesley Fofanaworth more than 80 million euros, signed for seven seasons, Marc Cucurella (65M), chukwuemeka (22M) and Casadei (15M) they did it for six, Raheem Sterling (56M) of five and the most severe case is that of Mykhailo Mudryk (100M and 8.5 times), david datro fofana (12M and 7.5 temp.) and Benoit Badiashile (40M and 7.5 temp.).

Changes to UEFA regulations

For his part, the UEFA will review the case and be ready to close the gray areas where the Chelsea to pull out the checkbook and sign the will. The football body has already approved a change to that amortizations cannot be made over five years, although said regulations won’t go into effect until next year, extending its full application to three campaigns. That is why it will not affect what the English club did, although it will prevent the markets as they have been before. Stamford Bridge.

also sales

In addition to long amortization, Chelsea is also balancing their balance sheets with sales of their footballers. Every summer, the ‘blues’ have parted ways with one or more players to have a I will add you to moderate his aggressive migration policy.

This summer they came out Timo Werner (Leipzig) and Emerson (West Ham), among others, leaving more than 55 million in cash. Last year, 125 ‘kilos’ were brought in at the exit of Abraham (Rome), Zouma (Westham) and Tomori (Milan), but undoubtedly the best sale took place in 2019 with the departure of Eden Hazard to Real Madrid for 115 million euros.

Source: La Verdad

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

137 already registered. – Voluntary military service: 257 women registered

A year after the introduction of basic voluntary military...

Tusk speaks of a ‘pre-war’ era in Europe and advocates ‘a common defense’ of the EU borders

Russian President Vladimir Putin has labeled as 'complete nonsense'...