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Chelsea told they MUST ACCEPT Arsenal’s offer for star player due to FFP restrictions

Chelsea may have to accept Arsenal’s offer for one of their star players in the summer due to FFP restrictions

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Image credit: Getty Images

Former Chelsea defender William Gallas has indicated that Chelsea might have to offload Mykhaylo Mudryk if Arsenal expresses interest in acquiring him during the upcoming summer transfer window. 

Mudryk, who arrived at Chelsea in January 2023 for a fee potentially reaching £87 million, has failed to meet expectations, registering only five goals and five assists in 45 appearances.

Under the ownership of Todd Boehly, the Blues have embarked on a significant spending spree, surpassing £1 billion in transfer expenditures. However, concerns have been raised regarding the club’s adherence to the Premier League’s financial fair play regulations, which restrict clubs from accruing losses exceeding £105 million over a three-year period—an issue that has already ensnared Everton and Nottingham Forest.

Arsenal had reportedly targeted Mudryk as their primary transfer target in the January 2023 window, only to be outbid by Chelsea. Despite the player’s underwhelming performance, Arsenal could still be interested, especially considering Chelsea’s previous sale of Kai Havertz for £65 million last summer.

Arsenal target Mykhailo Mudryk

Mykhaylo Mudryk continues to be linked with a move to Arsenal (Image credit: Getty Images)

Gallas believes Chelsea would find themselves compelled to sell Mudryk given their imperative to address financial constraints. 

READ MORE: Arsenal star signs new long term contract that will double his wages

Gallas told Lord Ping, “If Arsenal still want Mykhaylo Mudryk and come in with a big fee, Chelsea will have no option but to sell him because of their financial issues.” Gallas says the urgency for Chelsea to rectify their financial predicament, cautioning that continued mismanagement could exacerbate fan frustration.

Chelsea have utilised accounting techniques such as amortisation to distribute the cost of high-value signings over several years. However, recent changes in Premier League regulations have restricted amortisation to a maximum of five years, irrespective of contract duration. Consequently, Chelsea is likely to face pressure to offload players this summer to mitigate financial strains, particularly amid their disappointing 11th-place standing in the Premier League.

Former Chelsea player Pat Nevin echoed Gallas’s sentiments, highlighting the pragmatic approach necessitated by financial considerations. Nevin stated, “Chelsea have cashed in on Mason Mount, Mateo Kovacic, and others before, and they can do it again. It’s just business.” 

While acknowledging the reluctance to part ways with key players, Nevin underscored the financial imperatives that might compel the club to make strategic sales to facilitate further acquisitions.

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