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Saturday, June 29, 2024

Chelsea: Sell Players Or Face Sanction, Says EPL Chief.

Premier League Chief Executive Richard Masters has told Chelsea to sell players in the summer to balance their books after spending £600m on new signings this season.

Chelsea co-owner Todd Boehly splashed out £323m in the January transfer window.

Last summer, Wesley Fofana, Marc Cucurella and Raheem Sterling arrived at Stamford Bridge.

Masters, speaking at the Financial Times Business of Football Summit, addressed Boehly and Chelsea’s transfer policy.

“I am not here to defend them. The new owners have owned the club for less than a year and had two transfer windows, and then judged the football club after three or four years.

“They might have bought, argued, and probably have a different transfer policy to the previous regime – younger players, longer contracts and lower wages.

“Obviously, within our rules, it is a test over 12 months, so the question is whether they will sell some of their existing players in the next window.

“I do not have the answer to that question, I am certainly not here to defend them, but you have to judge these things over a while,” Masters said.

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