Woah. That's...non-trivial

So presumably players no longer sit on the balance sheet with transfer fees amortised over their time at the club - all that now goes to "this year" P+L? Though going forward there won't be any transfer fees if a maximalist interpretation of this is taken (FIFA is trying to downplay it but "they would say that wouldn't they?" clearly applies here.)

But most clubs have balance sheets built in this way through the registration rights. Will clubs like Chelsea with their huge squad now effectively be technically insolvent/at least in breach of FFP (surely FFP will change to account for this but is the business technically solvent any more) because their P+L now looks ridiculously poor, at least while this unwinds?

If clubs effectively no longer own registration rights that's nixed the business model of...quite a lot of clubs. No?

Or am I overreacting and reading more into this than is really there?

In one sense I can see the driver of it: there's no transfer fees for managers because there are no registration rights for managers and either side can give notice just like for any employee of any company. This effectively treats players the same way.

Is there a business model of take young players, make them good, move them on to bigger clubs any more, though?

Posted By: Old Man, Oct 4, 17:59:40