Scatman wrote:carl_feedthegoat wrote:hayling22 wrote:Chelsea are accused of using long-term deals to cheat FFP rules,
Chelsea have been accused of using long-term contracts to cheat the Premier League’s Financial Fair Play rules.
According to FIFA statutes, clubs are only permitted to give players contracts of up to five years, but Chelsea have been routinely handing out far longer deals this season.
Ukraine winger Mykhailo Mudryk signed for eight-and-a-half years and French defender Benoit Badiashile for six-and-a-half years this month, after the arrivals of Wesley Fofana and Marc Cucurella on seven- and six-year deals respectively last summer.
https://www.dailymail.co.uk/sport/footb ... rules.html
I thought last time around they were one of the teams putting the knife in us!
This will get swept under the carpet as it’s not MCFC doing it.
It doesn't say how it gets round the rules. How is it achieved?
For FFP spending the transfer fee is amortised by the length of the contract. So a £88m fee over a 8 year contract works out at £11m in the current financial year whereas a 5 year contract would be £17.6m charge.
Of course this is very risky longer term as they may have players on long contracts they can't shift and it could limit their spending in future years as all the previous years amortisation are added up.
They are effectively betting short term and it could/likely come back to haunt them