Oh God, now hes claiming Chelsea will implode?
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What's any of this financial nonsense got too do with us signing Lukaku ?
I hope we sign Romelu Lukaku for something million pounds.
OR 900K M8 EMAGYN DAT M8 LEZZ DAN A MILL FOR RAM LIKUKI
We getting him or what?
It said something similar in the telegraph, it must be true.OR 900K M8 EMAGYN DAT M8 LEZZ DAN A MILL FOR RAM LIKUKI
Chelsea need to sell someone.
I'm saying Lukaku.
They need our money.
THIS SEASON. Due to Lampard and Cole and others being released.
WRONG.
In the football league its clear that the clubs may divide the wages however they see fit under the: Salary Cost Management Protocol (SCMP)
Its actually defined by loan contract - who pays the wages and gets the national insurance and other tax liabilities.
Thats in accordance with the FIFA Transfer Regulations and UEFA's FFP which is the same as the club licencing defintions.
Go read about it under FFP and club licencing:
Its defined as under Article 49 and 50:
2 Payables are those amounts due to football clubs as a result of transfer
activities, including training compensation and solidarity contributions as defined
in the FIFA Regulations on the Status and Transfer of Players, as well as any
amount due upon fulfilment of certain conditions.
5 The transfer payables table must contain the following information as a minimum
(in respect of each player transfer, including loans):
e) Other direct costs of acquiring the registration paid and/or payable;
h) Any payable as at 31 March (rolled forward from 31 December) including the
due date for each unpaid element, together with explanatory comment; and
i) Conditional amounts (contingent liabilities) not yet recognised in the balance
sheet as of 31 December.
6 The licence applicant must reconcile the total liability as per the transfer
payables table to the figure in the financial statements balance sheet for
‘Accounts payable relating to player transfers’ (if applicable) or to the underlying
accounting records. The licence applicant is required to report in this table all
payables even if payment has not been requested by the creditor.
and;
Article 50 – No overdue payables towards employees and social/tax
authorities
The licence applicant must prove that as at 31 March preceding the licence
season it has no overdue payables (as defined in Annex VIII) towards its
employees or social and tax authorities as a result of contractual and legal
obligations towards its employees that arose prior to the previous 31 December.
In the FIFA Regulations on Status and Transfers of Players
Article 10 Loan of professionals
1. A professional may be loaned to another club on the basis of a written
agreement between him and the clubs concerned. Any such loan is
subject to the same rules as apply to the transfer of players, including
the provisions on training compensation and the solidarity mechanism.
2. Subject to article 5 paragraph 3, the minimum loan period shall be the
time between two registration periods.
3. The club that has accepted a player on a loan basis is not entitled to
transfer him to a third club without the written authorisation of the
club that released the player on loan and the player concerned.
Good night.