“With all of that in mind” – “Are you telling me there’s going to be no one wanting” – How Chelsea will avoid breaking FFP rules
According to Financial Fair Play regulations, a club is not allowed to incur a loss of more than £105m over a three-year period. However, Chelsea reported a loss of £121m last year, raising concerns about how they plan to balance their books.
Thank you for reading this post, don't forget to subscribe!Former Crystal Palace owner, Simon Jordan, has suggested a way for the Blues to avoid breaching the Financial Fair Play rules. He proposed that the club should sell some of their academy graduates, including Conor Gallagher, Ruben Loftus-Cheek, and Mason Mount, who he believes could fetch a combined sum of £140m.
Jordan explained that these players have already been capitalized for £600m over eight years, and their depreciating value could offset the club’s losses. Although fans may be disappointed to see some of their favorite young talents leave, Jordan argued that this is a necessary step for the club’s financial stability.
“With all of that in mind, there’s no reason to suggest that Boehly can’t achieve it,” Jordan said, referring to Todd Boehly, one of Chelsea’s major shareholders. “Are you telling me there’s going to be no one wanting to buy Conor Gallagher? Are you telling me that nobody is going to want to buy Ruben Loftus-Cheek? Are you telling me that no one is going to want to buy Mason Mount, if you did say that it would be ridiculous?”
Jordan believes that there would be a significant market for these players, and selling them would not only help Chelsea meet their financial targets but also potentially strengthen the team in other areas.