The loan market is getting out of hand as Juventus and Chelsea have agreed to a deal that will send winger Juan Cuadrado on loan to Juventus for the next THREE years. The format of the deal and its length is to get around any Financial Fair Play restrictions.
The loan market is something that Uefa has to look at. Too many teams are “renting” players for two years with an option to but at the end of end of it. All that does is kick the financial repercussions of the transfer down the road. Inter Milan for example have over €100m in outstanding transfer fees that are coming due in the next 12 months. That is a financial time bomb if the Nerazzurri don’t reach the Champions League this season.
As for the Cuadrado deal, a Juventus statement explained the financial arrangements:
Juventus Football Club can today confirm that an agreement has been reached with Chelsea for the loan of Juan Guillermo Cuadrado Bello until 30 June 2019, for an annual consideration of €5 million.
“Juventus has the right to acquire the player on a permanent basis, or will be obliged to upon the achievement of agreed team results during the loan period, for a fee of €25 million, payable in three financial years, minus the loan fees already paid.
“Should Juventus achieve certain sporting results during the player’s contract of employment, the club will owe Chelsea an additional €4 million in contingent payments.”
The winger moved to Chelsea from Fiorentina for around £26m in February 2015 but made just four starts under Jose Mourinho before joining Juventus on a season-long loan last August.
He made 40 appearances and scored five goals in all competitions as Juve claimed a fifth successive Serie A title.
