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The Guardian - UK
The Guardian - UK
Sport
Jacob Steinberg and Paul MacInnes

Chelsea transfer strategy hit after Premier League agrees amortisation cap

Moisés Caicedo joined Chelsea for a British record transfer fee of £115m on an eight-year deal.
Moisés Caicedo joined Chelsea for a British record transfer fee of £115m on an eight-year deal. Photograph: Stu Forster/Getty Images

Chelsea’s transfer strategy has been undermined after Premier League shareholders voted to cap amortisation at five years.

Contract amortisation – an accounting practice of writing off gradually the initial cost of a player over the course of their contract – was on the agenda when clubs met on Tuesday and they agreed for the Premier League to fall in line with Uefa on the issue.

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