March 27th 2023.
(Image Source: https://metro.co.uk) The potential sale of some of Chelsea's key players this summer could be due to the losses of £121 million the club has recently reported, which has been blamed on the sanctions imposed on former owner Roman Abramovich. This would mean that academy products such as Mason Mount and Conor Gallagher may have to be sold for the club to be able to adhere to Financial Fair Play rules. The government sanctioned Abramovich in March of last year in an attempt to freeze assets connected to Russian President Vladimir Putin. These restrictions on the club lasted until May 30th of last year when a consortium led by Todd Boehly took ownership. Chelsea's statement announced that the impact of the sanctions on their financial results would be felt in the following years. The losses were a result of increased operating expenses, despite the turnover increasing to £481.3m and commercial revenue rising to £177.1m.
(Image Source: https://metro.co.uk) As a result of government sanctions against former owner Roman Abramovich, Chelsea Football Club could be forced to sell some of their key players this summer in order to meet financial fair play regulations. Among those that could be on the chopping block are academy products Mason Mount and Conor Gallagher, should the Blues need to generate some quick cash. The impact of the sanctions on Chelsea's financial results will be felt in the following years, with the club posting losses of £121million, despite an increase in turnover to £481.3m and commercial revenue rising to £177.1m.
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