Friday is “unofficial deadline day”

Friday is “unofficial deadline day”

There is a good reason why a club like Chelsea has been keen on getting rid of players lately. They are among those with an all-important deadline on Friday, even though the transfer window won’t close until two months from now.

It’s Friday, June 30th The telegraph Referred to as ‘unofficial transfer deadline day’, in club administrations and on agents’ phones, things are now hectic.

The reason 30 June is such an important day is because it is the last day of the financial year for many clubs, which run with a financial year from 1 July to 30 June. All the income that can be obtained in the form of player sales before the end of the year will come in handy when UEFA checks whether all FFP requirements have been met.

Liverpool have been relatively frugal with their spending lately and nothing to worry about, but Chelsea, who spent around £600m on players last year, are banking on selling. And they have – so far sold £130m worth of players this window and more are on the way out.

“Agents and advisers have noticed that many clubs are working towards their short deadline this summer, when many others are on holiday. It looks like many more will be getting dates during this week. Clubs that spent a lot of money last year have the opportunity to make money in their accounts.

For Liverpool, Friday could be an important day if they are serious about their pursuit of RB Leipzig’s Dominic Zuboszlai. The £60m buyout clause is no longer in effect from 1 July.

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Najuma Ojukwu

Najuma Ojukwu

"Infuriatingly humble internet trailblazer. Twitter buff. Beer nerd. Bacon scholar. Coffee practitioner."

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