Simon Jordan breaks down how Chelsea can fund summer spending spree
4“He sold Mason Mount who is an academy player for £60million, so he’s booked a £60million profit, so over the three windows he’s booked somewhere in the region of £200million worth of transfer gains on his balance sheet and he’s reducing it by £135million every year, so he’s £65million in credit right now on his balance sheet in terms of transfers. That’s how he’s doing it.
Jordan added: “It’s a gamble in terms of the consequence of Financial Fair Play, so let’s have a look at what the consequence is. “I’m not suggesting that he’s aiming for that but right now people are saying how the hell can you spend £800million on transfer fees and not be breaching Financial Fair Play? Well, I’ve just told you.
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