Premier League warns Chelsea could be booted from Premier League if found guilty of breaching FFP
As per Sun, Chelsea will face serious sanctions if they are found guilty of violating the Financial Fair Play rules. The Premier League has warned they could be thrown out of the league if there are any heavy breaches.
An independent commission will hold a meeting regarding the club’s FFP potential breaches in the autumn. The Blues are 11th in the table and have spent £1 billion already in the last three transfer windows under Todd Boehly.
However, their potential FFP violation may not fall under Boehly as the club flagged off malpractice in payment to the agents who didn’t register in the club’s book. The club’s recent financial costs revealed the club’s £150 million was set aside when Todd Boehly and Co. bought the club to cover potential legal costs.
And now the Blues face major sanctions if they are found guilty by the commission that deducted Nottingham Forest four points this week. Many Premier League clubs have faced minor sanctions after facing point deductions.
Chelsea’s issue is significant in the meantime, and if the commission determines that their infraction is substantial, they may also be demoted to the Championship. The team managed by Boehly has also spent a lot of money and hasn’t turned enough of a profit this year.
Chelsea faces serious demotion to Championship!!
This is another reason to take into account, as we are very much on the brink of breaching the FFP rule. However, it remains to be seen if Abramovich’s misconduct as a paying agent will be a major issue.
However, there are now other priorities to consider and a different strategy for transfer windows. Chelsea doesn’t need to continue spending £100 million on acquisitions. We’ve spent enough money on signings; it’s time to make wise decisions. All we have to do is strengthen our backs.
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We can think outside the box. It’s important to do appropriate scouting and not just focus on money. What was the price tag for Leverkusen to strengthen their backbone and elevate a mid-table club to the title-challenging team? Grimaldo, Hoffman, Boniface, Xhaka, and Hoffman all could have cost less than one player that Chelsea signed. That’s clever and imaginative.