Mate,not being funny but why are you so concerned about lil old Everton. Further down the line I think you will have your own problems with Boelly putting everyone on 8 year contracts. That's fine if every single one of them increases in value but you and I know that won't happen and they will ait on their contracts. I would be more concerned about your own problems down the line than lil old Everton
I am concerned what comes down the line particularly around the potential incoming charge.
With regard to the length of contracts yes 8 years is a long old time but then many thought 3 year contracts were a disaster waiting to happen and then 5 year became the norm and ironically Chelsea were no where near the only club or indeed first offering up contracts in excess of 5 years.
I saw a stat the other day that the number of players that a club pays a fee for that go on to extend their stay post the initial contract period is in excess of 80%. In other words historically the evidence is that a significant number of players have their fee amortised over a period exceeding 5 years the changes already announced many think will impact just Chelsea its impact is far wider than just one club
Do I think that it’s wise to offer so long contracts? Not really but:
On one hand I can almost see the logic in that you protect the value of your asset you know years in advance what you player budget will be and minimise on going agents fees and of course you wrestle back a certain amount of control whereby players leaving on a free will be reduced even further.
On the other hand there is a risk that players who fail will indeed sit out their contracts and yes that’s a big risk but you run that risk with all players on a contract there are very few examples of players that won’t go out on loan or agree to be moved but one springs to mind is Winston Bogarde who was a cluster [Poor language removed] for us.
To have so many on long contracts is a massive departure from normal convention in English football but in other sports it’s common place particularly in the US and Real Madrid have long since signed players on contracts post 5 years
As I pointed out yesterday in my mind there is a major flaw with FFP in that a player going out on loan takes their charge to amortisation with them so I would expect that as clubs and yes like us with Strasbourg but more along the City model where there are clubs within the same ownership who owners can shift players out on loan then there is yet another get out of jail card.
Chelsea made a huge mistake with Kepa and no doubt Lukaku both bought for huge fees both now out on loan and whilst I have no idea of the agreements re their wages and or fees if these two players amortised fees havent been impaired shifted £30+ million off the FFP charge