Accountants and financial advisers are becoming some of the most valuable assets Premier League clubs can own, writes samcunningham ⚽ via iPaperSport DeadlineDay
Chelsea’s outgoings on players since the consortium he spearheaded purchased the club last May has already topped half a billion and with around half of that spent in January — on mainly young players on long deals, including Mudryk, Benoit Bardiashile and Noni Madueke — it has fuelled a. The previous record stood at £430m from winter 2018 — winter 2023 has now seen the record rise above half a billion for the first time.
In recent years, clubs have increasingly structured transfer payments over several years meaning they pay less up front and enabling them to spread the cost so that yearly expenditure in their accounts is less. “If you sign one player who gets you one point to secure survival, then an additional season in the Premier League on TV money alone is worth £60m minimum. Plus an increase from sponsors,” Maguire said.
“It works out for every pound you earn in the Champions League, you get around 22p in the Europa League and 11p in the Europe Conference League.”
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