The anti-Chelsea rule, the Premier League approves a new point in the regulations

The Premier League clubs voted this Tuesday in favor of limiting the amortization of footballers' contracts to a maximum of five years, regardless of their duration, to prevent teams like Chelsea from taking advantage of this to evade the financial 'fair play', according to The Athletic.

Until now, clubs could amortize the price of a signing over the duration of the contract, which caused seven, eight or nine-year contracts to be signed in order to be able to declare the price of the transfer in as many years as possible. That is, a player signed for 100 million and to whom a ten-year contract applies, would cost the club 10 million per year.

This was used by Chelsea in signings such as Enzo Fernández, who cost 106 million pounds (120 million euros) and signed a contract until 2031, and Mykhailo Mudryk, who signed for 70 million euros with an eight-year contract. and a half.

This measure was voted on Tuesday at the monthly meeting of the Premier League clubs and will not be retroactive, so contracts that have already been signed will not be affected by it. Furthermore, in this way the Premier League aligns itself with UEFA, which limits the amortization of contracts to five years.

Background

It is known that UEFA has been working on reforms for Financial Fair Play. Now, the body that governs European football will approve a law that will break with financial strategies applied by clubs like Chelsea. The repo markets of recent years have revealed all the problems and legal loopholes of Financial Fair Play. This is why UEFA has been working on reforms to the regulations.