A former financial advisor of Manchester City recently highlighted the predicament Chelsea faces, suggesting they must sell players for over £100 million to sidestep Financial Fair Play (FFP) penalties from the Premier League. Both Everton and Nottingham Forest have already suffered point deductions this season for allegedly violating the Premier League’s FFP regulations, which cap losses at £105 million over three years or £35 million annually.
Since Todd Boehly and Clearlake Capital’s takeover from Roman Abramovich in May 2022, Chelsea has splurged over £1 billion on new signings. Football finance expert Stefan Borson believes Chelsea might face even sterner penalties than Everton and Forest did. Borson anticipates a more severe consequence due to Chelsea’s projected losses surpassing those of the aforementioned clubs.
Borson predicts Chelsea will need to offload several key players before the June 30 FFP deadline. He mentioned Mason Mount’s potential departure, citing a July 1st announcement on Manchester United’s website, indicating a £55 million profit for Chelsea this season. However, it was later revealed that Mount’s transfer occurred in the 2022–2023 season, explaining Chelsea’s financial stability.
Borson emphasized the urgency for Chelsea to find buyers for players like Trevoh Chalobah, Armando Broja, and Conor Gallagher, totaling £110 million. With June 30 as the looming deadline, Borson stressed the difficulty of completing such transactions amidst Premier League’s skepticism about their feasibility.