[Football] chelsea starting early this summer…

[macbeth]

selling that hotel must’ve done their finances a world of good. already spending €65M, straight up, no add ons, for a 17 year old…

 

[Green Cross Code Man]

Joke club.

 

[Hiheidi]

selling that hotel must’ve done their finances a world of good. already spending €65M, straight up, no add ons, for a 17 year old…

Hotel was last season's accounts, this season it was selling the training ground.

 

[martin tyler]

Boley will sell Winstanley next to the hotel group for 200 million to head up there recruitment process there.

 

[Bodian]

Hotel was last season's accounts, this season it was selling the training ground.

I suspect we'll find that they have bought the hotel back for a small amount of money and just sell it again. And again, and again.

 

[TomandJerry]

Clearly not worried about FFP

 

[fly high]

Madness surely to spend so much on a 17 year old even if he's a wonder kid. At 17 Fati was the new wonder kid, at 21 is he already a has been?

 

[LamieRobertson]

40 year contract?

 

[raymondo]

selling that hotel must’ve done their finances a world of good. already spending €65M, straight up, no add ons, for a 17 year old…

Wow, they're cutting out the middle man (i.e. us!) - that'll save them 18 months, and 50 mill...possibly, or not.

 

[Official Old Man]

40 year contract?

FIFA / UEFA have banned these long term contracts for FFP reasons. I believe, whilst a contract can be 8 years, the finance can only be offset in the accounts for 5 years.

 

[Joey Jo Jo Jr. Shabadoo]

Technically they are starting very very early for next summer as this deal can’t be completed until the summer 2025 window.

 

[Hiheidi]

I wonder how the forwards / wingers in their academy feel with so many young players on long contracts essentially blocking their pathway, and the business plan being to essentially loan them out and sell on for pure profit in order to sign the next wonderkid.

 

[Seagull58]

Clearly not worried about FFP

FFP doesn't affect the Greedy 6. It's only for the Evertons and Forests of the league.

 

[GT49er]

Wow, they're cutting out the middle man (i.e. us!) - that'll save them 18 months, and 50 mill...possibly, or not.

Actually, they effectively bought the middle man (Winstanley) from us.

 

[GT49er]

I wonder how the forwards / wingers in their academy feel with so many young players on long contracts essentially blocking their pathway, and the business plan being to essentially loan them out and sell on for pure profit in order to sign the next wonderkid.

They probably look at their £100K+ a week (£5M a year) contracts and think, life ain't that bad really.

 

[Hiheidi]

They probably look at their £100K+ a week (£5M a year) contracts and think, life ain't that bad really.

They don't get anywhere near that in the academy!

 

[Jim in the West]

Hotel was last season's accounts, this season it was selling the training ground.

But I don't think the EPL has approved either transaction yet (from an FFP perspective).

 

[Kinky Gerbil]

FFP doesn't affect the Greedy 6. It's only for the Evertons and Forests of the league.

Which one of the Top 6 have broken FFP so far?

Chelsea will more than likely be charged next season.

 

[TomandJerry]

Which one of the Top 6 have broken FFP so far?

Chelsea will more than likely be charged next season.

Until they sell the training ground to themselves

 

[GT49er]

They don't get anywhere near that in the academy!

I don't suppose they're applying for Universal Credit either! They'll still be very rich young men compared to others.