In the past nine years, Chelsea has signed and sold non-academy players with the second-highest negative transfer balance. The CIES Football Observatory, which just revealed the 50 most financially unsuccessful teams worldwide between 2014 and 2023, says as much.
According to the analysis, Barcelona had the worst setback, losing €631 million (£540 million) as a result of the exits of Coutinho, Ousmane Dembele, and Antoine Griezmann, among other key players. The club paid an astonishing €1.244 billion (£1.065 billion) for newcomers, despite making €613 million from player sales.
Chelsea came in second, with a €483 million (£413 million) loss. While recovering €730 million (£624 million), the Blues spent €1.213 billion on adding new players to Stamford Bridge, taking big losses on players like Danny Drinkwater, Tiemoue Bakayoko, and Fernando Torres, to mention a few.
Third place went to Arsenal, who were closely followed by Manchester United and Paris Saint-Germain. Despite spending significantly less on new players than Chelsea—just €584 million (£500 million)—the Gunners only made €148 million (£127 million).
AC Milan, Aston Villa, Everton, Liverpool, and Juventus were the two Serie A teams and three more Premier League clubs that ranked fifth, sixth, seventh, eighth, ninth, and tenth, respectively. The Premier League CEO’s confirmation that they are “still investigating” Chelsea coincided with the release of the CIES Football Observatory report.
Richard Masters stated earlier this month, during a meeting of the Culture, Media, and Sport Select Committee: “Aside from the fact that a date has been set, I cannot give you any details on Manchester City.” I’m unable to provide you with the date, though.
As you are aware, Chelsea’s new owners have informed UEFA, the FA, and the Premier League of information regarding the former ownership. We are currently looking into this. Until the investigations are finished, we won’t make the results public.”
The Premier League has charged Everton and Nottingham Forest for violating their PSRs; the teams are awaiting the specific penalty. Masters said of the most recent accusations, “I don’t think it’s messy.” I must admit, it’s a really serious responsibility. Enforcing the financial rules is not a popular task. The Premier League has never done this before.
“In 2013–14, these financial regulations were introduced. They were specifically brought in to make sure that unsustainable expenditure couldn’t continue too far—post-Portsmouth, actually. A cap was placed on the amount of money clubs may spend pursuing their objectives.
We have never filed a charge in this particular manner before. Although no one like doing so, it is necessary in order to consider the teams that have followed the rules and their supporters. In the end, the Premier League board, the EFL board, and similar situations bear responsibility for this.
“Because last summer, we revised the regulations to include a quicker procedure. There is a three-year retrospective. In Everton’s case, the ruling was rendered a season or a year after it was discovered that they had violated the rules. We introduced expedited instructions in an attempt to speed up the lengthy process because of how long it is.”
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