5 years maximum contract.Chelsea, Villa and Everton have worked out that to pass PSR, they can sell academy players for large amounts, as this is counted as pure profit. Then they are buying academy players from the other sides mentioned for similar amounts, but for PSR purposes then fee is amortised and spread over the length of the contract.
So, sell one for £19m, buy one for £19m with a 6 year contract = roughly a £16m profit in this season in terms of PSR.
Most of the players involved probably won't play many games.
Chelsea, Villa and Everton have worked out that to pass PSR, they can sell academy players for large amounts, as this is counted as pure profit. Then they are buying academy players from the other sides mentioned for similar amounts, but for PSR purposes then fee is amortised and spread over the length of the contract.
So, sell one for £19m, buy one for £19m with a 6 year contract = roughly a £16m profit in this season in terms of PSR.
Most of the players involved probably won't play many games.
Wait!There is nothing wrong with it though, is there, in terms of complying with the rules.
Wait!
Are you suggesting that some of the rules may be flawed?
I hear what you’re saying, but have you ever heard of a concept in law called, the tyranny of the majority?Never mate! They were voted for by two thirds of the PL, it would be akin to trying to topple democracy, to suggest such a thing.
a tyranny, in factNever mate! They were voted for by two thirds of the PL, it would be akin to trying to topple democracy, to suggest such a thing.
I hear what you’re saying, but have you ever heard of a concept in law called, the tyranny of the majority?
Apparently it’s a thing. A real thing.
Hard to see how that would work though.
There is a precedent for charging clubs for breaches before rules became rules ;-)Wait!
Are you suggesting that some of the rules may be flawed?