Explained: Why Chelsea are handing out very long-term contracts to new signings like Mudryk and Badiashile

Chelsea have made headlines for handing out incredibly long contracts to new signings, but why exactly are they doing it?

WHAT HAPPENED? Mykhailo Mudryk was officially presented as a Chelsea player at Stamford Bridge as Graham Potter’s side beat Crystal Palace at the weekend, bringing to an end a battle between themselves and Arsenal for his signature. He signed a staggering eight-and-a-half year deal, while Benoit Badiashile – who arrived earlier in the transfer window from Monaco – penned a similar seven-and-a-half year contract with Chelsea, which has naturally raised eyebrows due to how unusually long the contracts are.

WHY HAVE THEY BEEN GIVEN THE DEALS? Chelsea have splashed more than £400 million on players since Todd Boehly’s consortium purchased the club. That lofty sum has been spent on a blend of experienced players and younger talents for the future.

Football finance expert Kieran Maguire explained to Sky Sports: “What Chelsea have decided to do is to spread the cost of the players by signing them on very long contracts. So, by signing Mudryk on an eight-and-a-half-year contract, the way it is dealt with for accounting and FFP purposes is you take that £88m cost and you divide that over eight-and-a-half-years, and it works out as just over £10m-a-year.

“That appears to be the Chelsea strategy that they have employed over the last couple of windows.”

IN THREE PHOTOS: