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PREMIER LEAGUE CHIEF CONTRIBUTE THAT NEED TO SELL SOME OF THEIR PLAYERS THEY SIGNED THIS SEASON

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Sports

A year ago

After spending £600 million on new acquisitions this season, Premier League chief executive Richard Masters has claimed Chelsea would need to trade players to balance their books.


The Blues spent £323 million on players including Enzo Fernandez, Mykhailo Mudryk, and Benoit Badiashile during the January transfer window. 


This came after Wesley Fofana, Marc Cucurella, and Raheem Sterling's expensive purchases from US owner Todd Boehly last summer. 


Graham Potter has already experienced problems as a result of the eight new players who joined the team in January. According to Sportsmail, Potter is concerned that the bloated 31-man roster will make training sessions less effective. 


At the Financial Times Business of Football Conference, Masters discussed Boehly and Chelsea's transfer policy, implying that players would need to be sold in order to stay within the bounds of the financial regulations.


I'm not here to stand up for them. Less than a year into their ownership, the new owners have already experienced two transfer windows. After three or four years, you should evaluate the football team, he advised. 


They may argue that they have a different transfer strategy from the previous administration, one that favors younger players, longer contracts, and lesser salaries. 


The concern is if they will sell some of their current players in the upcoming window because, according to our laws, it is a test that will last a year.


You must judge these things over time, I don't have the answer to that issue, and I'm not here to defend them.


Chelsea is currently 10th in the Premier League standings, has gone winless in six games, and has lost its last three games. Under Potter, the team has struggled to gain any momentum. 


When Chelsea submits its accounts at the conclusion of the season, it is anticipated that they would request a waiver from the Premier League's spending restrictions, according to a Sportsmail article from last month.


They contend that due to the government's sanctions against former owner Roman Abramovich as a result of Russia's invasion of Ukraine, they were unable to receive income for three months last year. 


Chelsea is in risk of violating Premier League regulations that allow clubs to lose no more than £105 million over any three-year period due to the circumstances that existed prior to the ownership change. 


Chelsea's most recent financial statements for the year ending 2021 show losses of £153.4 million, but the Premier League granted them allowances along with other top-flight clubs because to the impact the Covid-19 outbreak had on their finances.


Another concern is breaking UEFA's new Financial Fair Play regulations; according to Sportsmail, they risk being fined if they don't reduce their salary bill and raise between £150 million and £200 million through player sales. 


According to the new UEFA FFP regulations, clubs must spend no more than 90% of their revenue on net player purchases (spending minus income), wages, and agent fees starting in the 2019–20 season.

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