This Giles deal seems a bit foggy to me, from what I interpreted from FFP conversations on here, internet info & in real life, it appears teams can spend X & spread it across the length of the contract, but selling a player is immediately in club accounts & ready to spend, even though buying team is spreading the payments over the length of the contract.
It seems to be happening a lot with teams at the moment & looks a dodgy way to work round FFP.
Cameron Archer was transferred to Sheff Utd for £19 million, yet they get relegated & Villa “forced” to buy him back for £19 million.
Therefore, technically loaning him out for a year for £19 million & then buying him back for, let’s say a 4 year deal, £4.25 million a year.
Is this how things are working now?
So Giles cost £1 million a year & we sell for £4 million now, but getting paid the same £1 million a year?