How transfers work with FFP

[hantsram]

Here's a fascinating article that explains how transfer fees work wrt FFP.

Essentially a transfer fee is spread over the number of years of a player contract (in terms of accounts at least) so if we were to pay ?3m say for a player on a 4 year contract, that only counts as ?750k (loss) for this years FFP outgoings.

There are similar shenanigeans when it comes to selling a player and how profits are worked out... including player wages remarkably. Read the article. It's quite an eye opener. - view external link

[Rapid]

that's always been the case mate. nothing to do with FFP. in reality no club wants to make a large profit and pay tax when it can restructure it's accounts to their benefit. that's the reason accountants have well paid jobs. it's the same for any business really.