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Now that Chelsea has signed Cesc Fabregas for a reported £27m (with an additional £2.5m in potential add-on fees), we now turn our attention to how the deal impacts Chelsea from a financial perspective.
Fabregas signed a five-year deal, and for the purposes of FFP accounting (which, for Chelsea, is the only sort of accounting that matters), when a player is purchased, the transfer fee is amortised over the life of the player's contract.
Assuming Fabregas meets the performance-related clauses that trigger the additional £2.5m in add-ons, the total transfer fee sits at £29.5m, or £5.9m per year.
When we add his reported £156k per week salary to the amortised transfer fee, we see that he'll cost £14m per year (£5.9m amortised transfer fee + £8.1m annual wages).
For perspective, assuming the Diego Costa deal goes through, Fabregas will be the fourth most expensive Chelsea player on the FFP books.
- Torres: £18.5m
- Hazard: £16.7m
- Costa: ~£16m (est)
- Fabregas: £14m
- Willian: £10.8m