CHELSEA

Massive Summer Clear-Out Looms for Chelsea to Meet FFP Rules

Chelsea

Chelsea may have to sell a number of valuable assets this summer to stay within the Premier League’s financial guidelines. Since Todd Boehly assumed ownership of the team in 2022, the Blues have spent in excess of €600 million. In the January transfer window, they set a British transfer record when they signed Enzo Fernandez from Benfica. Chelsea paid €121 million for the Argentine star.

Chelsea is currently in tenth position in the Premier League. For them, the season has been terrible they are no longer in contention for the top four. It appears that winning the competition this time around is their only chance to qualify for the Champions League. Chelsea will face holders Real Madrid in the quarterfinals in a repeat clash.

Chelsea lost €138 million in the previous season, following a €175 million loss in the 2021–2022 campaign. Since Boehly’s takeover, Chelsea adopted long-term contracts from American sports. This strategy has been crucial in circumventing FFP regulations, facilitating significant purchases.

Kieran Maguire, a football finance writer, thinks they might have to sell a few first-team players to raise money, though.

The one thing Chelsea have in their favour is that they have a very large squad so they are in a position to raise money by selling players in the summer,” Maguire said to The Times. “We have already seen speculation about Mason Mount and Conor Gallagher being sold”. Maguire also thinks that Chelsea will be very careful with their finances next year as the Premier League’s financial rules allow maximum losses of €120m across a three-year period.

Which players could Chelsea sell?

Mason Mount’s departure has been widely speculated due to a contract extension dispute. The Englishman, sidelined since February, withdrew from Gareth Southgate’s England squad due to injury. Liverpool shows serious interest in him, while Manchester United and Manchester City also express keenness.

Conor Gallagher, another Chelsea talent, faces potential exit as clubs eye him since last summer. Despite becoming a favorite under Graham Potter lately, Chelsea’s financial situation could prompt his departure. Hakim Ziyech might also leave, along with loanees like Callum Hudson-Odoi, and Malang Sarr, who could be considered surplus to requirements. It is important to note that if Chelsea do not qualify for any form of European football next season, then they won’t be under UEFA’s jurisdiction for FFP in 2023/24.

for more updates follow us on twitter.

To Top