Saturday , April 27 2024
Chelsea

Victor Osimhen close to personal terms: How Chelsea can ease FFP worries

Chelsea is reportedly ready to trigger the release clause of Napoli’s Victor Osimhen, despite concerns about breaching the English Premier League’s Profit and Sustainability rules.

The former LOSC Lille forward who joined the Neapolitans for a fee in the region of €75 million could now command a fee of €120m-€130m as he has impressed during his time ain Naples.

According to Italian journalist Rudy Galetti, the striker is keen on a move to Stamford Bridge, as reported by Caught offside.

The addition of Osimhen could provide a significant boost to Chelsea’s attacking options, especially considering their recent struggles in front of goal despite significant investments in the squad last summer.

However, there are lingering worries about Financial Fair Play regulations and whether Chelsea will need to offload players before completing a deal for Osimhen.

To address these concerns, Chelsea will need to carefully manage their financial position. The club is expected to publish their accounts for the 2022/23 season soon, with estimates suggesting they will fall below the Profit and Sustainability threshold by £37m.

While this indicates some financial stability, there are potential challenges ahead, particularly in the 2023/24 season. Therefore, Chelsea’s transfer activity leading up to the end of the financial year in June may be influenced by their ability to generate revenue through player sales.

Conor Gallagher has been frequently linked with a move away from Stamford Bridge, with clubs like Tottenham Hotspur reportedly interested and a transfer fee of up to £50m mentioned.

Selling academy graduates like Gallagher can significantly improve Chelsea’s finances as these players have no transfer cost, resulting in pure profit for the club.

In addition to Gallagher, Chelsea may need to part ways with two to three more players to secure the signing of Osimhen without jeopardizing their financial stability.

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