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How is that cheating?
Spreading the cost of the fees over a longer period makes more financial sense.
Unless FFP rules explicitly state you cannot do that, which, as far as I know, they dont.
Its a riskier move for Chelsea if anything, because if a player turns out to be a dud, he is tied to a LOOOONG contract on massive wages, which means we will have a hell of a time trying to shift them.
EDIT: Just looked it up and FIFA rules states contracts should be no more than 5 years, but it states that each nations governing body can opt out of that statute if they wish, its merely a guideline, and the English FA opted out.
