TODD BOEHLY has made waves since taking over from Chelsea thanks to his splurges in the transfer market.
This summer, moves for the likes of Moises Caicedo, Romeo Lavia and Cole Palmer saw his spending since taking over from Roman Abramovich break the £1billion mark.
Boehly also owns American baseball team the LA Dodgers and his latest deal to bring Shohei Ohtani to the franchise will see the pitcher paid as much as $700million over 10 years.
In a typical Todd Boehly deal, the contract will be amortised across the duration of his contract.
Ohtani will be paid $2m a year for the first ten years of his deal but will be paid a deferred $680million in his final season.
It’s a record-high contract for the MLB, with Ohtani set to become the best paid player in history.
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Ohtani is 29, meaning he will need to stay at the Dodgers until he is nearly 40 to receive the full $700m.
This type of long-term deal has been used extensively by Boehly since he took over Chelsea.
Enzo Fernandez, Mykhailo Mudryk and Moises Caicedo joined The Blues for a combined £310.5m all on contracts of at least eight years.
The long duration of the contract allows Chelsea to spread the cost paid for these players out over eight years in their accounts – allowing them to fall within FFP constraints.
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That will soon be a thing of the past though, with Premier League clubs voting to introduce a limit of five years on amortisation going forward.
Boehly’s deal to bring Ohtani to LA comes after Mauricio Pochettino suggested the club need to dip back into the transfer market in January to sign MORE players.
He said after Chelsea’s defeat to Everton: “I’m really disappointed. This was a game to play and to win. It’s a problem we need to check.
“We need to talk and to try and improve in the next transfer market.”
A striker is thought to be the club’s top priority with Victor Osimhen, Ivan Toney and Viktor Gyokeres all said to be options.
Source: Soccer - thesun.co.uk
