By Dr Dan Plumley

7th Feb, 2023 | 1:18pm

Finance guru: 'Panicked' Uefa plotting even more FFP changes after Chelsea 'rip up the rulebook'

Uefa continue tweaking their Financial Fair Play rules even after stamping out the amortisation strategy adopted by Chelsea.

That is the opinion of finance expert Dr Dan Plumley, who spoke exclusively to Football Insider about how Chelsea’s transfer strategy highlights the constant need for financial regulation in European football.

Since Todd Boehly’s takeover at Stamford Bridge, Chelsea have spent £500million on 16 signings over two transfer windows.

The Blues have avoided FFP sanctions by spreading the costs of transfers over long-term contracts, with star signings Enzo Fernandez and Mykhaylo Mudryk both signing for the club on eight-and-a-half-year deals.

Chelsea’s amortisation strategy forced Uefa into tweaking their regulations, with the governing body introducing a law that limits the spread of transfer costs to a maximum of five years.

Plumley insists that Uefa will never find a “watertight” resolution to their financial regulations, with every club across Europe looking to find loopholes and benefits.

“I don’t think any model of regulation can be watertight,” Plumley told Football Insider.

“There will always be something that is missed or that will cause a panic when a club finds a new way of getting around a rule.

“We’ve seen that throughout the last 10 years with the various forms of FFP and yet still Chelsea have ripped up the rulebook and it required more tweaking.

“It’s symptomatic of how difficult it is to control and regulate European football and we can expect FFP to require a number of variations over time.

“The governing bodies have to always be reacting to the clubs and their latest attempts to find loopholes.“

In other news, Chelsea branded ‘utter mess’ after ’embarrassing’ latest – ‘Graham Potter has no control’