Chelsea have complied with the letter, not the spirit of the rules, its why so many players are on enormously long contracts. Transfer fees can then be amortised over the lifespan of the contract.

They’re also, I believe, gambling on getting back into the Champions League, which will give them a big revenue boost.

Citeh, well Citeh are fucked and they know it. It’s why they’ve been delaying as much as possible.

Now they’ve won the Champions League, I think they’ll delay slightly less. The aim was the Champions League & that wasn’t going to happen with transfer bans/squad reductions/being banned from Europe.

They’ve achieved what they wanted, albeit with a giant asterix next to it.

Now that Everton have been turned over for a 10 point deduction, the Premier League have set themselves an awkward precedent. City’s breaches are more numerous & egregious, so their punishment ought to be consequently more severe. Whether the League have got the cojobes to do it or not remains to be seen