Chelsea Will Need To Sell Players Now– Premier League Warns

Premier League CEO Richard Masters has suggested that Chelsea FC may have to sell players in the upcoming transfer window to balance their books after spending £600m on new signings this season. The comments were made during his speech at the Financial Times Business of Football Summit.

Masters addressed Chelsea’s transfer policy and the spending of co-owner Todd Boehly, who spent £323m in the January transfer window. While he did not defend Chelsea’s transfer policy, Masters explained that the new owners had only owned the club for less than a year and have a different transfer policy from the previous regime. The new policy focuses on younger players with longer contracts and lower wages.

However, Masters also pointed out that the Premier League’s rules require clubs to pass a test over a 12-month period. Therefore, it remains to be seen whether Chelsea will sell some of their existing players to balance their books.

Chelsea have made several high-profile signings over the past two transfer windows, including Wesley Fofana, Marc Cucurella, and Raheem Sterling. Despite the heavy investment in the team, Chelsea are currently sitting in 10th place in the Premier League standings, and their recent form has been inconsistent, with only one win in their last five matches.

Chelsea will have to navigate the Financial Fair Play rules if they want to continue to spend heavily on new players. These rules limit the amount of money that clubs can lose over a three-year period, and if a club is found to have breached the rules, they could face sanctions such as fines or transfer bans.

It remains to be seen which players Chelsea might look to sell in the summer transfer window, but the club will need to balance their spending with their revenue to avoid any potential punishment from the Premier League. Masters also noted that it is important to judge the football club after three or four years to fully assess their performance under the new ownership.