How big-spending Chelsea plan to get around Uefa’s FFP rules
The IndependentSign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Implemented at the start of the 2011-12 season, Uefa’s Financial Fair Play Regulations are a measure designed to prevent football clubs recklessly spending more than they earn in pursuit of success. Uefa’s FFP rules allow only a £53m loss over a rolling three-year period, and the body has also introduced a soft wage cap, which also includes spending on agents fees and net transfer fees, at 90% of revenue for next season. Additionally, transfer fees received are not amortised - the reported £12m Arsenal paid Chelsea for Jorginho enters the accounts immediately, offsetting the amortised costs of the club’s signings. As Champions League regulars, the club has traditionally had the assurance of the significant financial boost that competing in the marquee continental competition brings, but a place in the Europa League, or missing out entirely, would mean Chelsea’s revenues take a hit and thus limit any further transfer business.
History of this topic
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