Tuesday, June 28, 2022

Chelsea’s transfer window spending power is a source of concern for Todd Boehly

- Advertisement -

Chelsea’s transfer window spending power is a source of concern for Todd Boehly

- Advertisement -

UEFA’s financial fair play rules are starting to bite, according to new Chelsea owner Todd Boehly, and teams will no longer be able to recruit players ‘at any price’ due to the danger of sanctions.

Chelsea's transfer window spending power is a source of concern for Todd Boehly

Following Russia’s invasion of Ukraine, previous owner Roman Abramovich placed the club up for sale, and an investment group led by Boehly and Clearlake Capital bought it last month.

- Advertisement -

Since Abramovich bought Chelsea in 2003, the club has been the most successful in England, thanks in large part to the Russian’s investment.

In order to close the gap between his team and last season’s top two, Chelsea and Manchester City, Thomas Tuchel will have to spend considerably this summer.

Replacements for Antonio Rudiger, Andreas Christensen, and Marcos Alons are needed, and Chelsea will likely need a new center forward if Romelu Lukau’s return to Inter is announced, as expected.

Despite the necessity for his new team to invest in new talent, Boehly has warned that the days of extraordinary expenditure are nearly over.

At the SuperReturn International conference in Berlin, Boehly remarked, ‘Financial fair play is starting to receive some teeth, and that will limit the capacity to recruit players at any price.’

‘UEFA takes it very seriously and will continue to do so.’ [More teeth] entails monetary penalties as well as disqualification from sporting events.’

LaLiga stated on Wednesday that it had lodged a complaint with UEFA against PSG and Manchester City for suspected financial fair play infractions.

‘These teams are constantly breaking the current standards’ of financial fair play, according to LaLiga.

Boehly, a part-owner of the Los Angeles Dodgers, said he hoped to adopt an American model to help Chelsea players grow their personal brands and develop their financial potential.

‘We believe this sport’s worldwide reach is underdeveloped,’ Boehly added. ‘There are four billion football enthusiasts in Europe.’ The NFL has a fan base of 170 million people. The media budget for global club football is a tenth of that of the NFL.

- Advertisement -

Stay Connected

0FansLike
1,221FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Must Read