NEWS
Sunday June 21 2015
Inter spread Miranda cost?

According to Sky Sport Italia, Inter will get Joao Miranda from Atletico Madrid on a two-year loan deal that spreads out costs.

Italian and Spanish papers act as if the deal has already been done, so only formalities remain before it can be announced.

New details are emerging, as there are reports that he signed a contract extension with Atleti to June 2018.

This allows the club to send Miranda out on loan to Inter for two years at a cost of €3m, then the other €12.5m can be spread out over a number of seasons.

It is a particularly important accounting trick for the Nerazzurri, who have already been penalised for failing the Financial Fair Play checks.

Many are wondering therefore how they can afford to spend a reported €40m on Monaco midfielder Geoffrey Kondogbia and another €19m on Olympique Marseille man Giannelli Imbula.

The answer is that firstly Inter are not in UEFA competition this season, therefore any FFP issues won’t have to be addressed until next year.

Secondly, they are brokering deals with costs that are spread out over several years, which have a much smaller impact on the books.