Chelsea have invested heavily in central midfield to strengthen Mauricio Pochettino's squad. Credit: Reuters/Tony O'Brien
Chelsea's £115m British record deal for Moises Caicedo all but guarantees further player departures to ensure the club can qualify for Europe next season.
The club has already faced a projected £100m black hole in the financial arena. funding fair play from lost revenue from Champions League broadcasts and ticket sales this season.
So why are Chelsea in a £115m deal?
Insiders say efforts to balance the books remain within reach, largely thanks to Chelsea's successful academy. The potential departures of home-grown players Trevo Chalob and Conor Gallagher will boost the £75m net profit the club can already make from Mason Mount and Ruben Loftus-Cheek.
Signing Caicedo, however, remains a particularly expensive deal. offset against UEFA bean counters despite his eight-year contract.
In June, the governing body closed a loophole that had previously allowed Todd Boli and company to spread their heavy costs on long-term contracts passed on to new signers.
Caicedo's original eight-year contract expires just six months before the contract expires. a record eight-and-a-half-year contract signed with Ukrainian striker Mykhailo Mudryk in January, though he has an option for another 12 months.
Amortization is a process of gradually writing off a player's original cost — Chelsea can list Mudrik's £80m fee as £9.41m a year.
But Caicedo is much more expensive under the new rules, which will be fixed at a minimum of £23m a year as depreciation is now capped at five years.
The UEFA rule only comes into effect if a club meets the requirements. for Europe, giving Chelsea, who finished 12th last season, extra time to prepare.
It was only Chelsea. pic.twitter.com/LCYf6A2BQr
— Chelsea FC (@ChelseaFC), Aug 14, 2023 More sales needed but FFP meeting possible pounds invested in the previous season, additional departures will be required on top of the current number of 12, which will offset approximately £215 million in fees.
Kieran Maguire, lecturer in football finance at the University of Liverpool, suggests that the €60m (£51.64m) fair play loss over three years, as well as the new 70% wage-to-income ratio, remain in within reach.
“For all the concentration on Chelsea indoors, people are ignoring the outdoor game, indicating that player sales from 2013 to 2014 were £1.2bn.” he calculated.
But further departure of the players is inevitable, experts add. Rapid Premier League approval is also required for a proposed £40m+ shirt sponsorship company with start-up Infinite Management.
Chelsea transfers led by Todd Boly
Stephen Taylor Heath, head of sports law at JMW Solicitors, said: «Chelsea's deal with Moises Caicedo will not necessarily be in conflict with UEFA's new amortization rules, as the length of the contract and the period over which the transfer fee can be paid is two different things. . The new UEFA rule states that the fee can be spread over a maximum of five years, so there will only be an FFP violation if Chelsea try to spread the costs over a longer period than the allowed time period in order to be on the right side. . new UEFA financial soundness rules. These laws include a team value rule that includes the value of a player as a team member for the purposes of the rules and must be assessed with reference to the new rule.”
FIFA insists on this. contracts must be for five years, but the global governing body recognizes that longer contracts are permitted where domestic law allows it.
“One might ask why an eight-year deal is negotiated when depreciation is only possible for five seasons, but this may be due to market forces and other teams' interest in the player,” adds Taylor Heath.
Свежие комментарии