UEFA set to close transfer loophole; preventing clubs from giving lengthy contracts

This decision in the aftermath of Chelsea offering long contracts to new signings

On Wednesday, UEFA are scheduled to fix a loophole that permitted clubs to finance significant transfer payments over extended contracts.

In the past two transfer windows, Chelsea have drawn attention by bringing in players on long-term contracts, including £107 million January addition Enzo Fernandez, who signed an eight-and-a-half-year term.

The Blues have taken this action in order to adhere to UEFA's financial standards and stretch out the expense of the transfer price over a longer period of time, both of which are now allowed.

Yet, it is thought that the rules will be updated when the UEFA executive council meets on Wednesday.

The length of a contract is anticipated to be unrestricted, although any transfer fees must be paid over a maximum of five years.

According to the PA news agency, the Exco will not rethink UEFA's policy on multi-club administration when it gathers next week, ignoring the fact that it is a subject that is growing more and more heated and divisive in the sport.

Interestingly, UEFA's Club Financial Control Body (CFCB) is gathering this week to discuss specific instances where there might be a problem under the organization's championships' current multi-club control restrictions in the upcoming campaign.

According to PA, the CFCB is reportedly considering Tony Bloom-owned clubs Union St. Gilloise and Brighton, both of which have qualified for the upcoming Europa League, as well as RedBird Capital-owned Toulouse and AC Milan.

By the end of the week, the CFCB is anticipated to make a decision. Aside from money-related issues, the Exco will choose the location for the 2025 Women's Champions League final.