LONDON : Chelsea's massive outlay on eight new players in January may not breach Financial Fair Play (FFP) rules but it represents a huge gamble, according to a leading football business expert.The Premier League club crowned a month of squad-strengthening by smashing the British transfer record to sign A
LONDON : Chelsea's massive outlay on eight new players in January may not breach Financial Fair Play rules but it represents a huge gamble, according to a leading football business expert.
Since last May's takeover by an investment group led by American Todd Boehly and Clearlake Capital, Chelsea have spent more than 500 million pounds on players - a spree that has called into question the effectiveness of FFP. "The contract length, that's the cheeky way of not circumventing the regulations but using them to your advantage. Signing over eight and a half years reduces the contract value per year to a much smaller figure to stay within FFP.
"In many ways I think the FFP question is secondary to the risk they've just taken because they are really hamstrung now to what they can spend. If these players don't produce, or if one or two of them get a big injury, their values plummet," Wilson said.
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