By Daily Sports Nigeria on February 1, 2023
Chelsea have splashed over £323m in this January transfer window after completing a British record deal for Benfica's Enzo Fernandez - so how are they able to spend such huge sums and stay within Financial Fair Play rules?
The UEFA FFP regulations are designed to limit excessive spending and there are also Premier League rules which put a cap on the losses a club can suffer over a three-year period. Large fines or points deductions can be dished out as punishment to clubs which don't adhere to the rules.
But with the Blues agreeing a £106.8m transfer for Fernandez, new Chelsea co-owner Todd Boehly will have overseen a spend £600m since the takeover in May 2022 - and they appear to have stayed within the guidelines.
Source Sky Sports
Posted February 1, 2023
You may also like...
Antoine Griezmann: Atletico Madrid forward to stay at...
Heartland FC Name New Management Team
Former Senegal, Fulham And Portsmouth Midfielder Diop Dies...
LeBron James Out Indefinitely For Los Angeles Lakers...
Ibrahimovic Denies Using Racist Language Towards Lukaku
Rohr releases Eagles’ World Cup qualifier squad against...
President’s death forces aquatic federation calendar shake-up
Diamond League announces Amusan for Prefontaine Classic
Chelle receives Agu, Nwaiwu injury boost
Lagos schools gear up for TASG athletics showcase
D’Tigress open W’Cup qualifying campaign with Colombia clash
Onigbide's contributions helped shape Nigeria’s football, NSC mourns ex-Super Eagles coach
Joshua career-earnings per punch recorded at £172k
Onuachu breaks 14-year Trabzonspor goal record
Musa dedicates derby win to Pillars fan
Rivers United’s scoring run thrills Finidi
How Arsenal can win Premier League
NWFL player Ihotu regains freedom after N1.5m ransom
Most Read
Rangers International going, going . . . (63,602 views)
Amaju Pinnick: A cat with nine lives (54,930 views)
Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (52,835 views)
Current issues in Nigerian sports: Matters arising (52,462 views)
Sports Development: Zenith Bank on the zenith (52,379 views)
Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,288 views)
Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,163 views)
NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,707 views)
Olopade, BET9A wave of revolution in NNL (50,885 views)
Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,400 views)
Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,793 views)
John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,268 views)