I thought that too but then why would selling players before 30th June count as revenue for 25/26 but signing a player before 30th June count towards 26/27? The window opens mid-June as well.I don't think it necessarily means that. Maybe it's possible to account it such that any new signing goes on next year's books rather than this.
I find it a bit complex, to be honest. The window opens mid-June but they aren’t registered until 1st July at the earliest. This is why we couldn’t sign Puerta and Laalaoui last summer even though the contracts were signed before the transfer fee restriction came into force.