I immediately thought it was rubbish but thinking about it I see potentially how it could work in terms of benefiting both clubs and I assume other multi team groups do similar things.
It does seem very weird and not quite right though. Sort of using the slush fund!
Still be surprised if it happens.
If and it's a big if this Wesley / Celik deal comes off as reported I'm sure that TFG will have looked carefully at the legalities.
However even if it passes that test , to me , the optics are terrible ( a club who until this financial year could hardly afford to sign a player now spend £30 million and then loan him out ) and it smells a bit off.
That said Chelsea have been finding loopholes in the rules ever since Boehly took charge ( is it an American thing?)
I know that my instinct is against this and I suspect would cause UEFA to look very very closely at us if we ever get close to European qualification.