Mykhailo Mudryk was introduced as a substitute for Chelsea in their Saturday game against Liverpool.
Uefa has officially stated that a transfer fee can now only be apportioned over a player’s first five-year contract term.
The forthcoming regulation, effective as of July 1, comes in response to Chelsea’s recent trend of securing players with extended contract durations.
Several players have been roped into such contracts, with Enzo Fernandez and Mykhailo Mudryk being noteworthy examples, both signed to eight-and-a-half year contracts earlier in January.
However, these new regulations will not apply retroactively to past transfers.
In the past, longer contracts implied lesser annual payments, thereby reducing the annual financial burden on the club’s books. Therefore, the £89m acquisition of Mudryk would equate to an annual cost of £11m over his contract duration.
While clubs can still present longer-term contracts under the rules of their national associations, they can no longer extend the transfer fee payments beyond the initial five years.
They are permitted to spread costs over the term of a contract extension, but this extension also cannot surpass five years.
Uefa expressed that these updated guidelines will “promote fair treatment among all clubs and bolster financial sustainability”.
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Frequently Asked Questions (FAQs) about
What changes has UEFA made to the rules about transfer fees?
UEFA has stipulated that a transfer fee can only be spread over a maximum of five years of a player’s initial contract.
When will the new transfer fee rules come into effect?
The new regulation that limits the spread of transfer fees to a maximum of five years of a player’s initial contract will come into effect on 1 July.
How do the new rules affect long-term contracts like the one Chelsea had with Mudryk?
Under the new rules, while clubs like Chelsea can still offer longer-term contracts, they cannot extend the transfer fee payments beyond the first five years.
Will the new transfer fee rules apply to past transfers?
No, the new rules regarding transfer fees will not apply retroactively to previous transfers.
What is UEFA’s rationale behind these new rules?
UEFA has stated that the new rules aim to ensure equal treatment of all clubs and improve financial sustainability in football.