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Since the beginning of 2024, Financial Fair Play (FFP)and the Profitability and Sustainability Rules (PSR) have been the governing framework for English soccer. The soccer world is abuzz with the latest developments surrounding the charges against Everton and Nottingham Forest for rule violations.
As a result of the revelation, Chelsea has been under intense scrutiny. Since Todd Boehly arrived at Stamford Bridge, the club has spent nearly $1.3 billion.
Rumor has it that the Blues will be having a massive summer sale to meet the requirements of the PSR. They might now get about $383 million by selling ten players. This comes from The Daily Mail, which specifies how Chelsea plans to amass such a substantial sum.
Todd Boehly looks to turn a profit in the summer
In their inaugural year under Todd Boehly and Clearlake Capital’s ownership, the club revealed a pre-tax deficit of $115m. Chelsea FC Holdings Limited reported a loss for the twelve months ending June 30, 2023.
They lost $155m the previous year, which the club said was down to penalties levied on ex-owner, Roman Abramovich. New financial data raises doubts about Chelsea’s ability to meet PSR requirements, capping losses at $134 million.
During his four transfer windows at Stamford Bridge, Todd Boehly has cast profit aside. However, he has to get the finances in order before he goes on another spending binge.
In order to meet the financial requirements, they have listed many current players and the possible transfer prices for them in the summer. The list reportedly includes Conor Gallagher, Raheem Sterling, Romelu Lukaku, Kepa Arrizabalaga, Ian Maatsen, Lewis Hall, Armando Broja, Trevoh Chalobah, Marc Cucurella, and Hakim Ziyech.
His meeting with Michael Emenalo, on his recent visit to Riyadh was, therefore, expected. Emenalo is the current director of the Saudi Pro League and a former executive of Chelsea.
Who could Chelsea sell this summer?
Despite Chelsea’s high…
Source link : https://worldsoccertalk.com/news/todd-boehly-estimates-383m-profit-from-10-players-this-summer
Author : Martina Alcheva
Publish date : 2024-03-14 18:40:40
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