Highlights

  • Chelsea has signed Mykhailo Mudryk for 8 and a half years, the longest in EPL history
  • Chelsea spending this season has reached €460.49m

Latest news

India sends 4th IAF aircraft to Turkey with relief materials, medical team, relief equipment

India sends 4th IAF aircraft to Turkey with relief materials, medical team, relief equipment

Sidharth Malhotra-Kiara Advani wedding: First pics are out; couple seeks blessings

Sidharth Malhotra-Kiara Advani wedding: First pics are out; couple seeks blessings

OnePlus 11 is launched in India at ₹56,999

OnePlus 11 is launched in India at ₹56,999

 OnePlus Pad Announced at Cloud 11 Event!

OnePlus Pad Announced at Cloud 11 Event!

OnePlus launches OnePlus 11R at the Cloud 11 event

OnePlus launches OnePlus 11R at the Cloud 11 event

Chelsea's recent contracts force UEFA to change Financial Fair Play Rules

UEFA to change the Financial Fair Play Rules to keep a check on clubs' financial stability over the years.

Chelsea who have been spending incredible amount of money this season on transfers have been signing new players for longer-term contracts, for as long as 8 years!

This has forced UEFA to change the Financial Fair Play Rules to keep a check on clubs' financial stability over the years.

The football regulator is to set a 5-year limit over which the transfer fee could be spread and the change to the rules will come into force during summer.

Signing players for long terms allows the club to spread the player's transfer fee over the life of that deal when submitting the annual account. This means Mykhailo Mudryk's £89 million deal will stand at £11 million/year for a span of eight and a half years.

Up Next

Chelsea's recent contracts force UEFA to change Financial Fair Play Rules

Chelsea's recent contracts force UEFA to change Financial Fair Play Rules

Points deductions, Pep Guardiola to leave? Worst case scenario for Manchester City

Points deductions, Pep Guardiola to leave? Worst case scenario for Manchester City

Real Madrid's Karim Benzema & Thibaut Courtois to miss Club World Cup

Real Madrid's Karim Benzema & Thibaut Courtois to miss Club World Cup

Premier League: Jesse Marsch sacked before completing a year as Leeds manager

Premier League: Jesse Marsch sacked before completing a year as Leeds manager

Cristiano Ronaldo celebrates birthday with Al Nassr teammates

Cristiano Ronaldo celebrates birthday with Al Nassr teammates

PM Modi receives Lionel Messi's Argentina jersey replica as gift

PM Modi receives Lionel Messi's Argentina jersey replica as gift

More videos

Turkey Earthquake: Ghana footballer Christian Atsu rescued from rubble - Reports

Turkey Earthquake: Ghana footballer Christian Atsu rescued from rubble - Reports

Manchester City issue statement, express surprise over the charges made by Premier League

Manchester City issue statement, express surprise over the charges made by Premier League

Manchester City charged by Premier League for numerous breaches of financial rules

Manchester City charged by Premier League for numerous breaches of financial rules

La Liga: Barcelona open 8-point lead over defending champions Real Madrid

La Liga: Barcelona open 8-point lead over defending champions Real Madrid

Attempted rape charges against Manchester United's Mason Greenwood dropped

Attempted rape charges against Manchester United's Mason Greenwood dropped

Kylian Mbappe out for 3 weeks, to miss PSG vs Bayern Munich Champions League clash

Kylian Mbappe out for 3 weeks, to miss PSG vs Bayern Munich Champions League clash

EFL Cup: Manchester United beat Nottingham Forest to set up ultimate showdown vs Newcastle

EFL Cup: Manchester United beat Nottingham Forest to set up ultimate showdown vs Newcastle

Lionel Messi drops massive retirement hint after FIFA World Cup triumph

Lionel Messi drops massive retirement hint after FIFA World Cup triumph

Football transfer: Chelsea sign Benfica’s Enzo Fernández for British record £106.8m fee

Football transfer: Chelsea sign Benfica’s Enzo Fernández for British record £106.8m fee

Arnaut Danjuma joins Tottenham Hotspur on loan from Villarreal

Arnaut Danjuma joins Tottenham Hotspur on loan from Villarreal

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.