This exactly, they can claim that this window they're ok via this ridiculous loophole, but next season they are £135m down before they even think about signing anyone, and have committed themselves to the same scenario for the next 8 years, and that £135m will only increase as they will no doubt be signing more players in the meantime too.
They will either have to become a big money version of Dortmund, or continue to act as a player farming operation (which I thought was being clamped down on?) raking money back from loan fees consistently.
They can't just be banking on European football, I don;t see how any amount of financial success that is currently available could sustain them, didn't they barely manage to break even when they won CL recently? And even if that is what they're doing, won't their spending cause them to be sanctioned the moment they enter a European competition?
Todd must think that there is something else coming that will save their ass down the line, another version of the ESL or something.
WRT the fees being booked immediately, I cannot get my head around how the books can allow that to be the case for their sales but not also have to be the case for their signings. Fact is the money is not being received in one go, it will be spread just as their purchases are. Surely this inconsistency ust encourages "creative" bookkeeping? And surely with the amount of creativity going into Chelsea's financial records they HAVE to be breaking a ton of rules somewhere along the way???
Hope Liverpool snitching opens a huge can of worms for them, but why should it take a club complaining to get the FA to look into the blatantly obvious?
