Former Everton CEO Keith Wyness believes Chelsea won't spend big this summer due to Financial Fair Play (FFP).
The Premier League have handed out points deductions to relegation candidates Everton and Nottingham Forest this season for breaching their FFP and profit and sustainability rules (PSR). Wyness thinks Chelsea could be "spooked" by the league's punishments.
Everton were deducted six points, reduced from 10 on appeal, while Forest had four points taken off them earlier this month. The latter club will fight the verdict, which has put Nuno Espirito Santo's team in the relegation zone with nine games left.
Football finance expert Kieran Maguire says Chelsea will be "very close" to the PSR limit after co-owner Todd Boehly and his colleagues allowed over £1billion to be spent on transfers since buying the club from Roman Abramovich in May 2022.
Despite the massive investment, Chelsea have struggled on the pitch. They are currently 11th in the Premier League table after finishing 12th last year, although they did reach last month's Carabao Cup final - losing 1-0 to Liverpool at Wembley.
Improvements to Mauricio Pochettino's squad this summer are needed, with the Blues linked with deals for PSV Eindhoven's Johan Bakayoko and Lille prospect Leny Yoro. Yet the Blues will be concerned about breaking PSR rules.
"The one thing the points deductions for Everton and Forest have done is spook the other clubs. They’ve seen the Premier League take action," Wyness told Football Insider's podcast.
"Clubs like Chelsea are now worried about the lunatic loose with a gun, if you like. That’s the Premier League. Chelsea will be worried."
Much of Chelsea's transfer business has been funded by the sale of homegrown players such as Mason Mount, Lewis Hall and Ruben Loftus-Cheek and Ethan Ampadu. Transfer fees accrued from academy-developed player count as pure profit under PSR rules.
But Chelsea have sold much of their family silver to fund their spending in recent transfer windows, meaning there are few viable homegrown assets left to cash in on this summer. Wyness says the club is in a difficult position.
"If they’re going to avoid a breach, they’ll have to sell the younger talent," he continued. "We’ve spoken about Saudi, but I think it’ll be hard to convince the younger talent to go there. It’ll be the likes of [Romelu] Lukaku going out there. That won’t necessarily give Chelsea the value they need out of the home-grown talent, such as [Conor] Gallagher."
Nawaraz2020
0
sell Fofana, sarr , cucurella, badshaile , sterling, Ziyech, lukaku , sanchez/kepa ,
Laurencepaid
1
Poch out
Mikee32
1
Chelsea have been facing a lot In premier league so they want relegation
Mackayy
0
So many write up without significant meaning...
Exactly my thoughts
Bakaenruy
1
@lopcikryz from the way you talk with so much hatred , I can tell you are a Muslim
Single-Bone
5
I don't think we really have a bad squad, we just need a passionate manager who loves to win! Somebody like Conte, Zidane or Jose by now would have solved our defensive problems by identifying what our defenders do wrong and correct it. They would would have looked into the cause of our many injuries, might go as far as changing the medical team. But with a manager like Pochetino, you'll think we are so bad! Get Conte into the mix and you'll see that Nico Jackson is the modern day Didier Drogba.
lopcikryz
0
CHELSEA blame yourselves taking many Africa players you better choose. Like Jackson kick him out oohhh big headache.
Kaabdeklns
0
See this foolish person, what are you saying. what concern champions league they won since 2021 with this matter now, Chelsea have spent 1b under just one year and you are here typing nonsense. continue talking rubbish until you see yourself in the championship fool
your entire generation is foolishness, idiots & mannerless person are you. Y must you cause? that shows you don't have home training. you just start by causing people of opinion that you are not ask to comment or reply. animal like you should have some brains.
Yorokiri
1
So many write up without significant meaning...
Hikcdeiot
0
even Sterling sell him
Etilomi0147
0
See this foolish person, what are you saying. what concern champions league they won since 2021 with this matter now, Chelsea have spent 1b under just one year and you are here typing nonsense. continue talking rubbish until you see yourself in the championship fool
Mumu…….are you insinuating we didn’t bring in money by selling players???
PrinceAbobyBlinkz
0
all these rubbish articles of FFP noise & Chelsea is what I don't actually understand. some brainless pundit will keep on writing rubbish & emphasizing on £1b spent but forget their tiny tick skull that Chelsea won the the UCL in 2021, and in 2022 a lot of academy player where sold which is pure profit, and in 2023 all the deadwoods such as mount, koulibaly, Mendy, kante, azipili, batshusyi, Alonso, Auba, etc. including some academy player as well, & the new players bought are earning lower than all these player & their purchase money is spread according to there 6,7,8 & 9yrs which they sign. And besides before Boehly bought Chelsea He promise to spend such amount in bringing in new players. So I don't understand all these drinking PANADOL fo another man's headache.
See this foolish person, what are you saying. what concern champions league they won since 2021 with this matter now, Chelsea have spent 1b under just one year and you are here typing nonsense. continue talking rubbish until you see yourself in the championship fool
Kaabdeklns
0
all these rubbish articles of FFP noise & Chelsea is what I don't actually understand. some brainless pundit will keep on writing rubbish & emphasizing on £1b spent but forget their tiny tick skull that Chelsea won the the UCL in 2021, and in 2022 a lot of academy player where sold which is pure profit, and in 2023 all the deadwoods such as mount, koulibaly, Mendy, kante, azipili, batshusyi, Alonso, Auba, etc. including some academy player as well, & the new players bought are earning lower than all these player & their purchase money is spread according to there 6,7,8 & 9yrs which they sign. And besides before Boehly bought Chelsea He promise to spend such amount in bringing in new players. So I don't understand all these drinking PANADOL fo another man's headache.
Pamdeoruz
0
Completely an inane statement! Guy doesn’t know what he is talking about! He just used Chelsea as an excuse to refer to the premier league as “lunatics”!!