FFP: UEFA takes action over Chelsea’s contract tactics
UEFA will take quick action to stop other clubs from copying Chelsea’s model of handing long-term contracts to players.
UEFA will take quick action to stop other clubs from copying Chelsea’s model of handing long-term contracts to players.
Chelsea have taken the decision to offer eight years deals to their new signings, raising eyebrows.
According to the Times, the move was thoughtful, as it lets the west London club further spread out the cost of a transfer on their books.
Such a move allows the Blues to spend more money upfront on new players without falling foul of Financial Fair Play (FFP) regulations.
The report added that UEFA would soon introduce rules to prevent such measures.
The European football governing body will ensure that within financial statements, player deals can only be split up by a maximum of five years on the books.
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