£900m! How? Blues Continue to Avoid FFP Sanctions Despite Almost £1bn of Transfer Spending | Football/Soccer
Thu, 17 Aug 2023 02:10
Following Moises Caicedo's arrival, the signings of Romeo Lavia and Michael Olise are set to push the club's spending to unprecedented levels.
Chelsea's recent transfer business has been a study in how to lose friends and alienate people. Having snatched Brighton dynamo Moises Caicedo from under Liverpool's nose, they are now on the verge of repeating the trick by prising Romeo Lavia from the Reds' grasp.
It's not just the nature of their negotiating tactics that have caused a stir, though. The west London club have already shelled out a British-record £115 million ($146m) to land Caicedo, and that figure combined with the £55m ($70m) they are primed to pay Southampton for Lavia will take the new ownership's spending beyond £900m ($1.14bn) in just over a year. Add in their potential capture of Michael Olise from Crystal Palace, and soon the £1bn ($1.27bn) mark won't be far away.
It's not just Liverpool who will feel burned, however, with rumours of growing disquiet among Chelsea's domestic rivals at their level of spending, with many asking the same question: how on earth are they staying within Financial Fair Play (FFP) regulations?!
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