They are even taking up space on your 25-man roster as far as Uefa is concerned or they are tying up space on your payroll. So you've got four or five players who are happy to sit down for the rest of the contracts. No other clubs are willing to take that wage off your hands for such a long period of time. If the players turn out to underperform, you have then got a player on a total salary cost of £7m or £8m a year and you are committed to that for seven to eight years. and Chelsea's outgoings Major Chelsea outgoings 2020-2023 Pierre-Emerick Aubameyang - Barcelona, £10.3m Joao Felix - Atletico Madrid, £9.7m loan fee Signings since Boehly takeover (summer 2022) Who will be in? Who will be out? MOTD analyses Chelsea's attacking options external-linkĬhelsea's incomings.Club are in 'complete disarray' over transfers - Sutton.Chelsea sign Mudryk on £89m eight-year deal.So things aren't as bad as I think some of the commentators are making out. They also won the Champions League, the Uefa Super Cup and the Fifa World Club Cup, and all of that was extra money coming in. We have got the sales of Tammy Abraham and Fikayo Tomori. When you sell a player, all of the profits are taken into the accounts immediately. So you do the maths and he is costing them £10m a year for FFP purposes. If we take a look at Mykhailo Mudryk, they bought him for £89m and he is on an eight-and-a-half-year contract. When you buy a player, you spread the cost of the player over the life of the contract. With regards to Financial Fair Play, the accounting is more Harry Potter than Graham Potter in the sense that it's quite weird and wonderful. So the finances of the club itself are fine. Kieran Maguire on BBC Radio 5 Live's Monday Night ClubĬan they afford it in terms of cash? They can because they are buying players and paying for them in instalments. Latest Chelsea news, analysis and fan views.New rules introduced in June limit clubs' spending on wages, transfers and agents' fees to 70% of their revenue, though permitted losses over a three-year period have risen to 60m euros (£49.96m).Ĭlubs have been given three years to implement these changes.įootball finance expert Kieran Maguire estimates Chelsea only had a three-year FFP loss of £5m in their most recent accounts, which go up to 2021, so have a fair amount of leeway in terms of permitted losses. Uefa has a wide-ranging list of potential punishments for clubs which break these rules - such as Wolves in 2020 - including warnings, fines or even the loss of European titles. Under Uefa's current rules, clubs can spend up to 5m euros (£4.4m) more than they earn over a three-year period, though they can exceed this level to a limit of 30m euros (£26.6m) if it is entirely covered by the club's owner. Any club that posts losses in excess of that figure could face penalties, including large fines or even a points deduction. Premier League profitability and sustainability rules allow for total losses of £105m over a three-year period.
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