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Tony - MCFC
Guest
I’m thinking Gundo sadly. Hope I’m wrong, hope you’re wrong also : )Bernardo
I’m thinking Gundo sadly. Hope I’m wrong, hope you’re wrong also : )Bernardo
They recorded a £123M loss for 22/23 and your only allowed to be in a maximum of £105M of transfer debt. They have just spent £600M in two transfer window. Nearly all will be structured payments but they will be still way over the transfer debt allowed which is £105M and it resets on July 1st.where did you see that?
Unlikely as they are very different players and positions.If its Phillips out & Kovacic in, that sounds like great business to me! If we can even manage to sell Phillips for more than what we would pay for Kovacic, it would even be amazing business!
Thats that standard maximum though, they get a leeway on the change of ownership that should give them wiggle room as well as the rule change on FFP to the turnover ratio instead of transfer loss.They recorded a £123M loss for 22/23 and your only allowed to be in a maximum of £105M of transfer debt. They have just spent £600M in two transfer window. Nearly all will be structured payments but they will be still way over the transfer debt allowed Which is £105M and it resets on July 1st.
So it works outs they need to clear just over £200M in transfers and wages by June 30th or they will fail FFP
This was reported in most media outlets in March notably The Times & The Athletic
Apparently a change of ownership is not taken into consideration as the finances need to be transparent so the new owner(s) know exactly how much debt the club is in so the new ownership do not spend beyond the clubs means.Thats that standard maximum though, they get a leeway on the change of ownership that should give them wiggle room as well as the rule change on FFP to the turnover ratio instead of transfer loss.
sure the new rules for 2025 start this year. 90% of squad cost to income ratio, 80% next season and then the 70% from then on.Apparently a change of ownership is not taken into consideration as the finances need to be transparent so the new owner(s) know exactly how much debt the club is in so the new ownership do not spend beyond the clubs means.
From what I've read about it estimations of Chelsea's transfer debt is anywher between £175-300M which is way over the £105M limit add to that the £123M operating loss and the only way to balance the books is for quite possibly the biggest summer firesale football has ever seen