We need an rvn
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Just signed Badiashile from Monaco for £35m - on a 7.5 year deal.
7 and a half years is a bit excessive isn't it? Presumably done for amortisation reasons?
It'll help retain his value & ensure he doesn't leave on a free transfer, just like Phil Jones, Bailly etc. Good work by Woody tying Badiashile down. Oh wait...
From a brief search on the web, a part of the reason Chelsea are doing this is for FIFA financial fair play reasons and why they can afford to go on such a spending spree we've seen since Boehly took over. By signing the players up to a longer contract, they can spread the cost of the transfer fee in the accounts by the length of the contract (ie. player costs £20m, 5 year contract, that's £4m per year). So by signing the players onto a longer contract length, it helps them keep within financial fair play and spend more over the next few years - don't forget, they've spent around £300m on Sterling, Cucurella, Fofana and Koulibaly - as well as now this player and potentially Fernandez.How does this work for the player?
Signed a contract ensuring increasing wages by X amount per year? Happy with 50k a week for 7.5 years? They've gave him mega money to start with?
I guess it also secures the younger players (Koulibaly's contract wasn't that long) for the long term future.
Risk - the player turns out shite and you're stuck with a player on big money for x years
Reward - player turns out great and you've got him tied down for a long term and could always offer a new reward contract on higher salary but with less years the older he gets
Pretty sure I also read it's something they do quite a lot in the NFL and Boehly's trying this out at Chelsea (eg. Mahomes' 10 year $500m contract)