Think this was discussed lots much earlier in the thread. The lack of transfer fee would allow for front-loading the contract, effectively paying JC his own transfer fee, allowing for his wages to be lower. No idea if this would be something MON would sanction but I don't think the theory is impossible.
It would also put Cole on far and away more than anyone else at the club.
Not worth the potential hassle that would cause, as such i agree with Richard. aint going to happen.
That was kinda the point of my post though - you wouldn't have to pay him more because the money you wouldn't be spending on a transfer fee could be paid as a signing-on fee to the tune of the gap between his current Chelsea wages and what Villa were willing to pay (without upsetting the current wage structure).
I'm not saying it's likely as I'm sure it's probably not going to happen - I was just saying that wages alone wouldn't rule it out.