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The Guardian - UK
The Guardian - UK
Sport
Jacob Steinberg

How Chelsea’s transfer strategy works – and what could happen next

Todd Boehly.
‘We’re just getting started’: Chelsea have struck a defiant tone with their transfer dealings under Todd Boehly. Photograph: John Sibley/Action Images/Reuters

What exactly is amortisation?

Amortisation is a creative accounting practice that can be used by clubs as a way of balancing the books. It is merely a process of gradually writing off the initial cost of a player over the course of their contract.

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