Simon Jordan breaks down how Chelsea can fund Moises Caicedo and Romeo Lavia transfers and NOT breach FFP regulations
Simon Jordan has broken down the way in which Chelsea are able to afford Moises Caicedo, Romeo Lavia and others while still complying with Financial Fair Play.
The Blues are splashing the cash like its nobody's business after spending £207million this summer on six new arrivals, with two blockbuster deals on the way.
Mauricio Pochettino's side have completed a deal to sign Moises Caicedo for £115million from Brighton.
They've now also agreed a deal worth £50million plus add-ons to sign Romeo Lavia from Southampton, a deal that will take their summer spending to more than £360million.
Chelsea have attracted attention for handing their new players extremely long-term contracts, with many penning eight-year deals to join the club, something that the former Crystal Palace owner is helping the Blues to stay within the laws of the game, albeit with a huge loophole.
Speaking on talkSPORT, Jordan explained: “Here’s what’s happening with their transfer. I think they’ll struggle to do it in a longer game, until they start getting some achievements on the pitch, but here’s where they really are.
“They’ve spent £800million on players, they’ve spent £600million last year and capitalised that over eight years because all of those players were on eight-year contracts, so all of a sudden that £600million spend is averaging at £75million per year because you’re dividing £600million by eight.
“He’s now had that change because the football fraternity has said ‘you can’t do that over eight years’, so they’ve rolled it back to five years.
“This year’s spend will be £300million, or round about that, and that’ll be reducing to £60million per year – so he’s now losing £75million each year for last year’s spend, plus £60million this year, but he’s gone
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