Coming from Fabrizio Romano this Evening VERY SAD NEWS has been announced for CHELSEA after found guilty of breaching 115 financial Rules

David Ornstein provides Chelsea’s FFP update following Everton’s second accusation.
David Ornstein has now clarified Chelsea’s FFP issue.

The Premier League appears to be clamping down on FFP infractions more than ever before.

Everton and Nottingham Forest have both been punished with breaking financial regulations, marking Everton’s second fine this season.

Of course, following Everton’s second charge, there have been many questions raised about some of the biggest teams, which appear to spend whatever they want whenever they want.

As we all know, Chelsea has spent a lot of money in the last 18 months, yet they have yet to face any charges.

Speaking on The Athletic Football Podcast, David Ornstein provided an update on Chelsea’s situation, stating that the Blues have done very well in terms of staying within limits for the time being, but that after the Premier League’s amortisation rule changes, the London club will need to be cautious going forward.

Chelsea has done well.
Ornstein revealed what he knows about Chelsea and their spending.

MORE CHELSEA STORIES “Many have inquired about Chelsea’s current situation.” Because their spending has been extraordinary since the Todd Boehly and Clearlake Capital ownership took over. A little housekeeping to explain how compliant they are this time.

“They will have to be cautious going forward, because the costs will persist, and it will be interesting to see how they balance the books when the Premier League limited transfer fee amortisation from no cap to a five-year ceiling.

“We’ll all be watching to see whether they sell someone like Conor Gallagher in January because homegrown players are pure profit. Whether you like it or not, they’ve done fairly well financially to stay within the guidelines,” Ornstein said.

Keep an eye on this one.
Chelsea has managed to avoid financial sanctions so far following a successful summer of sales, but this approach is unsustainable.

The Blues’ transfer budget is still well in excess of what they’ve recouped, and the fact that those costs can no longer be spread over eight years following this regulation change may make things difficult in the future.

Whether Chelsea can stay on the right side of this line remains to be seen, but one thing is certain: their spending must cut down in the coming transfer windows.