Chelsea Football Club are confronting the looming threat of a larger points deduction than Premier League counterparts Everton and Nottingham Forest in the upcoming season, suggests football finance expert Stefan Borson.
Chelsea To Face Points Deduction Due To Over Expenditure
Speaking on talkSPORT’s White and Jordan show, Borson shed light on Chelsea’s expenditure and the potential ramifications.
Both Everton and Nottingham Forest incurred points deductions this season, with Everton’s initially being set at 10 points before being reduced to six. These sanctions were imposed due to breaches of profit and sustainability rules (PSR), heightening their relegation concerns.
In contrast, Chelsea’s significant spending, exceeding £1 billion since Todd Boehly and Clearlake Capital took over in May 2022, raises red flags regarding PSR compliance.
Premier League regulations stipulate that clubs cannot accumulate losses exceeding £105 million over a three-year period.
Borson highlighted a pivotal transaction involving Mason Mount, initially assumed to contribute to Chelsea’s profit for the current season but later determined to have occurred in the 2022/23 season. Consequently, Chelsea faces a substantial financial deficit for the ongoing season.
Also Read: Manchester City Await Verdict on 115 FFP Charges Amid Everton and Nottingham Forest Penalties
Chelsea In Need of Selling Players
The absence of Champions League and European competition exacerbates Chelsea’s predicament, prompting discussions about potential player sales to mitigate financial losses.
Borson suggested that academy graduates like Trevoh Chalobah, Armando Broja, and Conor Gallagher may need to be sold to generate significant profits on the books.
Former Crystal Palace chairman Simon Jordan concurred with Borson’s assessment, emphasizing the inevitability of Chelsea facing a footballing sanction unless substantial measures are taken.
He highlighted the challenge of meeting financial requirements by selling players before the end of June, as articulated in the Forest decision.
Borson expressed concerns about the scale of forecasted losses at Chelsea, hinting at potential repercussions surpassing those faced by Everton and Nottingham Forest.
He underscored the gravity of the situation, suggesting a probable footballing sanction awaits Chelsea, akin to the predicaments of their counterparts.
As Chelsea grapples with financial constraints and regulatory scrutiny, the football world awaits further developments, anticipating potential repercussions for one of England’s top clubs. Stay tuned for updates as the situation unfolds.