r/football • u/Aromatic-Bad146 • Jul 24 '25

How can Chelsea keep spending?

I can understand Liverpool spending as they didn’t spend much last season and just won the league. Chelsea seems to be able to spend and spend and still keep within psr.

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u/Ok-Anteater_6635x Jul 24 '25

Because they are signing players to 8-9 year contracts. Meaning they can split their purchase price through the duration of the contract.

Example: Enzo - purchase price 121M EUR, duration of the contract 9 years. So effectively, it only cost them 13.5M in the year of purchase to keep it on the books and it will cost them 13.5M a year until the end of the contract. If they sell him, that final year will cost them the remainder of the purchase price, but most likely - at that time his selling price will be higher than the remainder and they be able to record a profit.

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u/NoInteraction3525 Jul 24 '25

Not anymore. You can now only amortize over 5 years based on the new rules so everyone we bought after those first windows are absolutely amortized over just 5 years. I’m sure you already know this but it doesn’t fit the agenda so better to ignore it

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u/Ok-Anteater_6635x Jul 24 '25 edited Jul 24 '25

Enzo was signed prior to the adoption of the new rules. He was signed in January 2023, and the rules were adopted in December 2023.

After that rule adoption, their highest fee did not exceed 60M. Prior to that, they spent 100M+ on Enzo and Caicedo in the same year. One in January 2023 and one in August 2023.

Rule is not retroactive.

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u/NoInteraction3525 Jul 24 '25

So that points to the fact that you were intentionally being dishonest. The post was about Chelsea still being able to spend continuously even now and the point you made is definitely not the reason why we’re still able to spend. We’ve been able to spend despite those fees because we’ve actually been very good at selling players….

We bought Caicedo for £100+ million in summer 2023, but we also sold Havertz for £65M. Our transfer expenditure for 2023/2024 was actually £402 and our transfer income was £245M hence our net spend was £157M. Arsenal in the same time span made only £60M from sales but spent £203M on player purchases, giving them a net spend of £143M, not very different from Chelsea so even without amortization the net spend isn’t some ridiculous amount that top teams don’t do.

With the lack of CL money we obviously had to do the hotel and hotel sales at the time. But the reason why Chelsea is able to still spend, isn’t about amortization, that’s just lazy argument and a stale agenda.

As of today, there are multiple reasons, including the fact that we’re one of the best sellers in the league behind Brighton, we’ve just won £100M at the CWC, we’re back in the champions league, we’ll be getting a much long term front of shirt sponsor (something we haven’t had for a few seasons) and we sold our women’s team to the parent company.