Plissken Posted January 24 Share Posted January 24 Was wondering when this would be noticed. https://www.bbc.co.uk/sport/football/64383217 (NHL teams used to do the same thing to get around salary cap rules - handing out 15 year contracts with the understanding that the player would retire well before it ended.) Quote Uefa is to change its Financial Fair Play rules in response to Chelsea's recent trend of signing players on long-term contracts. Signing players on extended contracts enables Chelsea to spread the player's transfer fee over the life of that deal when submitting their annual accounts. That means £89m signing Mykhailo Mudryk will be valued at £11m a year over his eight-and-a-half-year deal. Uefa is to set a five-year limit over which a transfer fee can be spread. Clubs will still be able to offer longer deals under UK regulations but will not be able to stretch transfer fees beyond the first five years. The change to FFP rules will come into force during the summer and will not apply retrospectively. 2 Link to comment Share on other sites More sharing options...
Plissken Posted January 24 Share Posted January 24 Non-football, but that reminds me of Bobby Bonilla. The New York Mets asked him to defer $5.9m of his remaining contract in 2000, instead picking up $1.19m a year for 25 years with a start date of 2011. At the time, the Mets had invested in a fund that promised a high return, so it seems a good bet all round. The fund was run by Bernie Madoff. Oops. Bonilla still gets paid $1,193,248.20 every July 1 and will continue to do so until 2035. 5 Link to comment Share on other sites More sharing options...
deerokus Posted January 24 Share Posted January 24 NFL do something like it all the time, they structure the contracts in such a way that by the back end of it they have to renegotiate it again as it's so backloaded. I thought contracts longer than 5 years were banned years ago. Link to comment Share on other sites More sharing options...
hmm Posted January 24 Share Posted January 24 Bargain! https://www.theguardian.com/football/2023/jan/24/everton-for-sale-farhad-moshiri-asking-price-more-than-500m Link to comment Share on other sites More sharing options...
deerokus Posted January 24 Share Posted January 24 Here's the most comprehensive video you could want of that Scottish cup shock. 1 Link to comment Share on other sites More sharing options...
neoELITE Posted January 24 Share Posted January 24 Newcastle haven't let a goal in against Premier League opposition in ten games. That's impressive. Link to comment Share on other sites More sharing options...
McFly Posted January 24 Share Posted January 24 I'm not really a fan but I live in the city and was hearing about Aberdeen getting beat in the cup a team 6 divisions below SPL. Given that teams 1 league below are barely pro-reams it's hard to fathom. Link to comment Share on other sites More sharing options...
Dig Dug Posted January 24 Share Posted January 24 As an Everton fan all this shit today is so absurd that I can't be upset. It's crossed the line into being funny. Link to comment Share on other sites More sharing options...
Mike1812 Posted January 24 Share Posted January 24 45 minutes ago, neoELITE said: Newcastle haven't let a goal in against Premier League opposition in ten games. That's impressive. But they did let in 2 to a league 1 side 😉 Link to comment Share on other sites More sharing options...
Hamus Posted January 25 Share Posted January 25 12 hours ago, Plissken said: Was wondering when this would be noticed. https://www.bbc.co.uk/sport/football/64383217 (NHL teams used to do the same thing to get around salary cap rules - handing out 15 year contracts with the understanding that the player would retire well before it ended.) So the new Chelsea owners are perhaps even shadier than the last lot! Who saw that coming for such a lovely club? Link to comment Share on other sites More sharing options...
Plissken Posted January 25 Share Posted January 25 It's not shady, kinda, sort of. Just a (fairly obvious, in hindsight) FFP loophole that they've spotted because no-one hands out very long contracts. It's nowhere near the stuff Juve were up to. Link to comment Share on other sites More sharing options...
Timmo Posted January 25 Share Posted January 25 It does make me wonder if they’re going to get a few more deals over the line before the January window ends if the loophole closes in the summer. Link to comment Share on other sites More sharing options...
Plissken Posted January 25 Share Posted January 25 I'm also wondering what this means down the road. Players aren't signing these contracts for less money per year, they are just getting the same for a longer amount. So Chelsea sign a player and pay him £10m a year for 8 years rather than £10m for 5 years. Let's say Chelsea wants to sell him in year 4 of the deal. Normally they negotiate a payoff of the remainder, so let's say it was £5m. With a longer contract, that's a problem. Is that player going to accept the transfer and walk away from £30m in wages? Link to comment Share on other sites More sharing options...
glb Posted January 25 Share Posted January 25 Going to be a lot of players at Chelsea demoted to training with the youth team like Winston Bogarde. Also, listening to yesterday’s Totally Football Show, it sounds like Juve (shock, horror) are going to be in even more trouble. They’ve got another investigation incoming, and then the conclusion of an ongoing criminal investigation on top of that. Their recent 15-point deduction was based on evidence found in the criminal investigation too. On basic terms, they’re in the shite. Again. Until the next time. Link to comment Share on other sites More sharing options...
deerokus Posted January 25 Share Posted January 25 Celtic have signed a big Korean centre forward, Oh. Looks potentially quality. Starting to see so many thinly-veiled racists moaning about how we've apparently 'hacked' Scottish football and aren't playing by the same rules because we now have six Japanese players and one South Korean and it just isnae fair. It's glorious. Same people don't moan about the rivals filling their squad with English championship rejects. Link to comment Share on other sites More sharing options...
Art Vandelay Posted January 25 Share Posted January 25 Chelsea are just making problems for themselves. It's the same as Juve really, as you can be a smart arse with the creative accounting now to limbo under any FFP regulations that are in your way but when it meets the real world it's obvious it's all built on a big pile of horseshit. Even if we say generously that 60% of their signings work out, who would you ever sell them to? There's maybe three clubs with the cash to spend say £100m on Caicedo so you could potentially generate a profit, two of whom would be your rivals. There is literally no market for players on big wages you don't want anymore. Also, it's not like accumulating bricks and mortar investments as someone at some point has to take these assets and get them playing against Palace away on Saturday. Not forgetting the 15 others who didn't even get on the coach who presumably are going to be thrilled to do that. Link to comment Share on other sites More sharing options...
Plissken Posted January 25 Share Posted January 25 Agreed. It's no surprise that the big clubs are the ones losing the money, because they feel that they have to buy with big fees and big wages for reasons of, well, ego really. And the sums involved means that when it comes time to move those players on, no-one except another Big Club can afford them. Barca are a billion in debt, losing all their players and pulling tricks to satisfy the regulations. They are top of La Liga and signed Lewandowski. There is no justice. They are all hoping for a Super League to save them. And they are going to get it, the bastards. Link to comment Share on other sites More sharing options...
ryodi Posted January 25 Share Posted January 25 Juventus are in trouble because they are a publicly listed company. Telling everyone that your players accepted a cut in wages during COVID but then secretly paying them under the table was always going to blow up in their faces. 2 Link to comment Share on other sites More sharing options...
spork Posted January 25 Share Posted January 25 Talking of long over priced contracts, Phil Jones still earns around £4.5 million every year at Manchester United. 3 Link to comment Share on other sites More sharing options...
Ork1927 Posted January 25 Share Posted January 25 43 minutes ago, Plissken said: Agreed. It's no surprise that the big clubs are the ones losing the money, because they feel that they have to buy with big fees and big wages for reasons of, well, ego really. And the sums involved means that when it comes time to move those players on, no-one except another Big Club can afford them. Barca are a billion in debt, losing all their players and pulling tricks to satisfy the regulations. They are top of La Liga and signed Lewandowski. There is no justice. They are all hoping for a Super League to save them. And they are going to get it, the bastards. What I still don't get with the Super League is why the English clubs would even contemplate getting into bed with Juventus and to a lesser extent Barca and Real. Who was going to remotely regulate this league - and while I'm sure none of the greedy fuckers would be bothered about FPP, etc - how long before it all kicks off because Juve are being dodgy and most of the clubs are having a tantrum because they've realised that you can't all be top of the super league and how come Real are getting the most lucrative kick off times for TV sales and we never agreed to fly to Qatar to play Barcelona on a Monday night, etc, etc. 1 Link to comment Share on other sites More sharing options...
layten Posted January 25 Share Posted January 25 14 hours ago, Dig Dug said: As an Everton fan all this shit today is so absurd that I can't be upset. It's crossed the line into being funny. Everton crossed the line into being funny long before today. 1 Link to comment Share on other sites More sharing options...
glb Posted January 25 Share Posted January 25 Plot twist: Everton get taken over by the richest owners of them all and win domestic trebles for the next decade. 2 hours ago, ryodi said: Juventus are in trouble because they are a publicly listed company. Telling everyone that your players accepted a cut in wages during COVID but then secretly paying them under the table was always going to blow up in their faces. While listening at the potential of further strife I was chuckling at just how brazenly stupid they repeatedly are. Sad thing is they are far from alone, they're just the one dumb enough to keep getting caught. Link to comment Share on other sites More sharing options...
milko Posted January 25 Share Posted January 25 1 hour ago, Ork1927 said: What I still don't get with the Super League is why the English clubs would even contemplate getting into bed with Juventus and to a lesser extent Barca and Real. Who was going to remotely regulate this league - and while I'm sure none of the greedy fuckers would be bothered about FPP, etc - how long before it all kicks off because Juve are being dodgy and most of the clubs are having a tantrum because they've realised that you can't all be top of the super league and how come Real are getting the most lucrative kick off times for TV sales and we never agreed to fly to Qatar to play Barcelona on a Monday night, etc, etc. Financial FOMO, innit. Link to comment Share on other sites More sharing options...
deerokus Posted January 25 Share Posted January 25 1 hour ago, Ork1927 said: What I still don't get with the Super League is why the English clubs would even contemplate getting into bed with Juventus and to a lesser extent Barca and Real. Who was going to remotely regulate this league - and while I'm sure none of the greedy fuckers would be bothered about FPP, etc - how long before it all kicks off because Juve are being dodgy and most of the clubs are having a tantrum because they've realised that you can't all be top of the super league and how come Real are getting the most lucrative kick off times for TV sales and we never agreed to fly to Qatar to play Barcelona on a Monday night, etc, etc. Yeah this made no sense to me. In ten years it'd just be like the Spanish league again. Link to comment Share on other sites More sharing options...
Plissken Posted January 25 Share Posted January 25 They’re definitely over-complicating these things. 6 Link to comment Share on other sites More sharing options...
Mike1812 Posted January 25 Share Posted January 25 What have Burnley become? 😂 1 Link to comment Share on other sites More sharing options...
Baring Posted January 26 Share Posted January 26 That’s brilliant. Link to comment Share on other sites More sharing options...
feltmonkey Posted January 26 Share Posted January 26 Burnley have been either the best at those things or the worst (depending on your point of view) for a while, haven't they? Remember the Weghorst Jurassic Park one? Link to comment Share on other sites More sharing options...
Plissken Posted January 26 Share Posted January 26 Since our new owners, but have massively upped their social media game since Dyche left. Link to comment Share on other sites More sharing options...
glb Posted January 26 Share Posted January 26 1 hour ago, Plissken said: Since our new owners, but have massively upped their social media game since Dyche left. Do you thank that's because of Dyche being involved and having an iron grip on things, or because he generated enough viral content with his pressers and interviews that the social media team could rest on its laurels a little bit? Asking because I remember a story emerging from Liverpool about Klopp vetoing an All or Nothing series at the club. Find it interesting how much managers do control things at certain sides, probably through sheer force of personality. Imagine Dyche would do wonders for Everton, so hoping he goes nowhere near them, obviously. Link to comment Share on other sites More sharing options...
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