Midfielder Hakim Ziyech finally left “Chelsea” and signed a one-year loan at “Galatasaray”. In this transfer, it is surprising not only that such a prestigious player moves to the Turkish Super League, but also that they state the status of the transfer in different ways: “Chelsea”, “with the obligation to make a transfer on a permanent basis”. While giving information about the one-year rent, “Galatasaray” “free temporary transfer and free purchase option” gave information about.
Is this an obligation or an option? What is a free temporary transfer? “Chelsea” is also interested in a player bought for 33 million pounds. Will he win anything? There are many questions.
I think “Galatasaray” invented a new transfer term
“Temporary Transfer” The designation is one of the official names of the loan in the UEFA and EPL rules. FIFA standards include the more familiar term Loan (lease) – this term is used by “Chelsea” He uses it in his press release. There are no specific compensation claims in the standards for rental – this can be completely free.
“&Free purchase option” The statement raises more questions. Can you buy one for free?
FIFA standards require transfer compensation to be paid when a player under an existing contract is transferred to a new club. The EPL rules state that this compensation is any amount paid or other rewards. UEFA foresees only a transfer between the two clubs without money – the exchange of players.
Free transfer is possible after expiry of the contract. However, Hakim Ziyech’s “Chelsea” His deal with is valid through the summer of 2025 – you can’t sign him as a free agent within a year. If you are planning to bet on matches with Ziyech’s new team, you should examine the site https://mostbet-tr.top/ in detail. All the necessary information for bettors is available on this site.
“Galatasaray” what did he mean?
One option. All parties agreed somehow, Ziyech and “Chelsea” will terminate the contract under acceptable conditions within one year and the Turkish club will will sign the player as a free agent.
There is a recent example in favor of this version. In mid-July, striker Pierre-Emerick Aubameyang was transferred from “Chelsea” to “Marseille” on a free transfer, he still had a valid contract. Many media use the phrase “free selling”. However, after an attempt to sell Aubameyang to Saudi Arabia failed (the player did not agree), the contract was terminated by mutual agreement. The Gabonese moved to “Marseille” as a free agent, “Chelsea”. saved £8.3 million in salary.
If the same thing was done for Ziyech, the logic is clearer, but there are questions about the legal regulation of such agreements.
Is this a new financial rule loophole?
First of all, the one in “Chelsea’ Let’s take a look at some quick results from Bowly’s recent financial moves.
- Currently the club does not have to comply with UEFA’s financial rules, because He does not play in European cups. However, if he participates in the Champions League, Europa League or Conference League at the end of the season, he will have to comply with these rules. The loss limit for 2023 is 51 million pounds (60 million euros), provided that the difference is covered by the owners.
- Bowly actively uses depreciation, in which large transfer expenses are spread in the thinnest layer over the contract period of the new player. For example, a transfer worth 100 million with a 5-year contract would only show up as 20 million plus salary in annual reporting.
- Taking all depreciation into account, “Chelsea’s’ The transfer balance in this reporting year is -£50 million. This is not an overall loss (we are not taking into account TV revenues, sponsor revenues, matchday revenues, etc. here), but it is still worrying.
- To reduce overheads, “Chelsea” is cleaning up its salary list. Summer sales – From Kai Havertz to Kalidou Koulibaly – saved 60.7 million to the annual budget in salaries alone.
Let’s now turn to Ziyech
“Chelsea” For sale is the priority, but if something doesn’t happen, plan B – rental – comes into play.
If the loan agreement specifies an obligation to purchase, UEFA considers this transfer as a full transfer. This means that planned future payments are immediately taken into account as income, and the club stops depreciation (with a discount on the profit from the transfer).
If only the possibility of a future transfer is foreseen, only the salary is subtracted from the current budget.
For example, “Chelsea” leased Lewis Hall to “Newcastle” with an obligation to buy it for £28 million (35 million with bonuses). The London club includes all future payment in its income for this reporting year. There is no depreciation (club training), the salary is subtracted from the salary list. Great deal.
If Ziyech’s loan agreement foresees a compulsory transfer to “Galatasaray”, his depreciation (6.7 million x 2 years = £13.4 million) will be paid by “Chelsea”. It is immediately removed from the budget.
What advantage is there for Bowly? Ultimately, he loses the player for free.
“Chelsea” wanted to sell Ziyech (as well as Aubameyang) to Saudi Arabia, but “Al-Nassr” refused. Switching to a failed health check It didn’t happen because of this.
The loan agreement with the obligation to buy in Galatasaray shows that there are no other rich candidates for Ziyech. If they weren’t bailed out now, they would at least continue paying the £5.2m annual salary until the winter. Then they would have to look for buyers again.
