- Joined
- Apr 16, 2011
- Messages
- 215
- Supports
- Spurs
They'll find buyers for Gallagher. Not so sure on Reece James, he's a fantastic player when fit but the money Chelsea will ask for won't be worth the risk to any team.
You do have to ask the question though. How will they continue to spend when they run out of academy products to sell ?
They actually wouldn't need to if I understand the situation correctly. They need something like a 105 million profit this year to be compliant with regulations, but for next year, the 120 million loss from 3 years ago drops off, so they could afford another 120 million loss next year (although that also has to factor in amortization on the players they've signed already). That's why they need to sell before the end of June to finish this year profitably, and then come July they can start spending again. So they'll sell their homegrown players who are pure profit and sign new players whose transfer fees can be amortized over a longer time period. Good strategy if it works but if they continue signing duds they're up shit's creek in a few years.