HomePremier League clubs agree to amortisation cap in blow to Chelsea transfer...

Premier League clubs agree to amortisation cap in blow to Chelsea transfer policy


Premier League clubs have voted in favour of limiting amortisation of transfer fees to five years, in a blow to the transfer policy adopted by the Todd Boehly regime at Chelsea.

The practice of spreading the cost of a transfer over the length of a player’s contract for accounting purposes has become commonplace in elite football, and was discussed at Tuesday’s Premier League shareholder meeting.

Despite reported opposition from Chelsea, clubs voted to bring the Premier League’s rules on amortisation in line with those implemented by UEFA in June.

Regardless of the length of a player’s contract, clubs will now only be able to amortise transfer costs over a maximum period of five years when they submit their accounts to be judged against the league’s Profitability and Sustainability Rules.

Read our other football news stories:
Destiny Udogie signs new deal at Tottenham
Napoli star Osimhen beats Salah and Hakimi to CAF award
Chelsea captain Reece James expected to miss two months

The lack of legislation on amortisation had attracted criticism from some quarters after Chelsea signed several high-profile players to longer-than-usual contracts as a means of staying within Premier League rules.

Chelsea have spent over £1billion on transfers since a Boehly-fronted consortium acquired the club from Roman Abramovich in 2022.

Ukraine winger Mykhailo Mudryk signed an eight-and-a-half-year contract when he completed his €70million (£62m) move from Shakhtar Donetsk in January, with Enzo Fernandez also committing his future to the club until 2031 when he joined from Benfica in the same month.

The new rules, though, will not be backdated to be applicable to any transfers or contract renewals already completed.

Chelsea are being investigated by the Premier League after reports suggested secret payments from companies owned by Abramovich may amount to historic breaches of financial rules, with a heavy points deduction among the possible punishments if they are found guilty.

Jon Fisher
Jon Fisher
Jon has over 20 years' experience in sports journalism having worked at the Press Association, Goal and Stats Perform, covering three World Cups, an Olympics and numerous other major sporting events.


Chelsea v Everton: Result is biggest embarrassment of career, says Tarkowski after Premier League defeat

Everton defender James Tarkowski has apologised to Toffees fans and said their 6-0 hammering at Chelsea in the Premier League is the greatest embarrassment of...

Chelsea v Everton: Pochettino gives players final warning over ‘really sad’ Palmer penalty row

Chelsea manager Mauricio Pochettino says he has told his squad that he is "not going to accept" any more arguments about which players take penalties,...

Chelsea v Everton: Palmer pushes Jackson as Madueke rows over penalty in Premier League spat

Chelsea players Cole Palmer, Nicolas Jackson and Noni Madueke were involved in an extraordinary confrontation after the hosts were awarded a penalty during the second...

Barcelona vs PSG: Preview, expected line-ups, how to watch and prediction

The State of Play In January, Barcelona were enduring a really difficult run of form and in the aftermath of losing 5-3 at home to a...

Most Popular