Earlier this week, Nottingham Forest and Everton were hit with charges over breaking the Financial Fair Play (FFP) rules. This is the second time the Toffees are charged, with the first one resulting in a ten-point deduction.
Chelsea have spent over £1bn on transfers in a year and a half under the ownership of Todd Boehly and Clearlake Capital. Fans are worried whether the Blues will be hit with charges and sanctions as well.
However, as per David Ornstein, there's nothing to worry about at the moment, although Chelsea would need to change their approach going forward.
The reporter said on The Athletic Football Podcast: “A lot of people have been saying ‘what is going on with Chelsea?’ Because their spend has been unprecedented since the Todd Boehly and Clearlake Capital ownership came on board. A bit of housekeeping to explain how they are compliant this time around.
“They will have to be careful going forwards, because the costs will continue and it will be interesting to see how they balance the books after the Premier League capped amortisation of transfer fees, from no cap, to a cap of five years.
“We will all be watching closely to see if they sell someone like Conor Gallagher in January because those homegrown players represent pure profit. Whether you like it or not, they’ve actually done quite well financially to fall within the limits.”
So basically it means that Chelsea would no longer be able to spread transfer fees over seven- or eight-year periods as they did with the likes of Enzo Fernandez. No matter the length of the contract, the player's transfer fee could be amortised over five years maximum.
