One journalist has today been explaining Chelsea’s FFP and Profit and Sustainability Rules situations, and the outcome and foreseeable future is a lot better than what most have been claiming.
It has all been doom and gloom or late in the reports circulating Chelsea away from the pitch, which obviously hasn’t been great either.
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But a lot of reports and outlets have been putting stuff out claiming that Chelsea have to sell to buy more players and there was even reports that if Chelsea wanted to sack Mauricio Pochettino any time soon, they wouldn’t be able to because it would put them at risk of breaching FFP by paying the £10m payoff for him and his staff.
Reliable insider Ben Jacobs has said all of the above is untrue, speaking in his latest exclusive and extensive Chelsea column for SPTC today.
Jacobs spoke on many things and also reported some key bits of transfer news for the summer, amongst other stuff.
On finances and FFP, Jacobs said: “By my maths, based on declared historical figures and some surface analysis, Chelsea could comfortably afford a £200m spend this summer. In addition, my superficial-spend projection doesn’t factor in likely outgoings.
“So even if Chelsea chose to spend £300-£350m this summer they can likely offset this in sales.”