Chelsea in Major Summer Clearout to Meet Financial Fair Play Regulations
Chelsea is reportedly considering a significant summer transfer clearout as the club aims to satisfy the Financial Fair Play (FFP) regulations imposed by the Premier League. Since Todd Boehly’s arrival at Stamford Bridge, the Blues have spent nearly £600m on player sales in the past two transfer windows. However, after losing £121m last season, the team must now balance the books to meet FFP requirements, especially with the expectation they’ll miss out on Champions League football. With several players likely to be sold, experts say the club will need to act fast, as any cash from player sales must be deposited by June 30, and the clock is ticking. Nevertheless, Chelsea, who recorded profits of £123m from player sales in the previous year, has a valuable asset in its large squad, which can help raise the funds the club needs.
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