ESPN.com · Jun 12, 2024
Chelsea Keep or Dump: Will they move Gallagher, Sterling?
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After spending heavily since the 2022 takeover -- and inheriting a number of big contracts from the previous regime -- Chelsea have incurred heavy losses, which were aggravated by the lack of income from UEFA competitions in 2023-24. They are also under some pressure to comply with the Premier League's Profit and Sustainability Rules (PSR) and may have to transfer players for cash before June 30 (when the 2023-24 season officially ends) to avoid sanction. Indeed, Chelsea co-owner Todd Boehly himself said in the club accounts that he expected the club to comply with PSR "in the foreseeable future" which suggests "maybe not right now, but soon."