Reportedly, Chelsea’s considering selling their Cobham training ground to themselves to ease their financial issues. Recording this sale in February has led to speculation that it’s the reason why the club’s top decision-makers aren’t emphasizing the need to sell players for money.
Since Todd Boehly took over at Stamford Bridge, Chelsea has spent a lot of money, building a squad worth over £1 billion and signing top players from around the world. However, currently, the team is finding it hard to prove that they’re worth that much.
Mauricio Pochettino wants more money spent in the summer to help his team get back to their best. They’re expected to sign new players for both defense and attack because of this.
However, it’s been said that Chelsea might have to sell some players to start their rebuilding process. This is because rules like Financial Fair Play and the Premier League’s Profit and Sustainability Rules.
Chelsea’s Financial Strategies and Player Sales
Some reports suggest that Chelsea might sell Conor Gallagher and Trevoh Chalobah, among other players, to generate more revenue. However, Chelsea might not have to sell anyone before they start buying new players.
Stefan Borson, a lawyer and former financial advisor for Manchester City, says Chelsea is already doing something to help their money worries. They’re planning to sell their Cobham training ground to themselves.
It’s said that the profit from this internal financial move might be more than what Chelsea spends on running the club. This could mean they have more money to spend freely in the next transfer window.
In the Premier League, clubs can include profits from selling assets like stadiums in their financial calculations if they sell them at a fair price. However, the EFL (English Football League) recently changed their rules about this. Before this season, club owners voted against including profits from selling assets in their financial calculations.
Chelsea has tried to prevent any issues with the PSR by selling hotels on the Stamford Bridge site to themselves, which adds money to their accounts. However, the Premier League hasn’t approved these transactions yet.
As featured on ChelseaNews.com
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