Southampton's win over Leeds to return to the Premier League on Sunday may not have been good news for the Manchester City coach driver, or for fans facing another south coast trip next season, but it was brilliant news for the club accountants.
Manchester United sent FFP warning as 'biggest red flag' in Premier League named
14.05.2024 - 13:37 / manchestereveningnews.co.uk
Manchester United, Chelsea and Liverpool could all be in hot water over potential Financial Fair Play (FFP) breaches, according to a football finance expert.
Rob Wilson has singled out Chelsea as "the biggest red flag" among the Premier League's elite, with the possibility of the club facing charges for violating Profit and Sustainability Rules (PSR). Since Todd Boehly's takeover in 2022, the Blues have splurged more than £1billion on players, while United have spent roughly £400million over that same time.
Despite their hefty investment largely failing to translate into success on the field, Chelsea now face the risk of contravening FFP regulations. Recent reports suggest the club recorded a pre-tax loss of £90.1m for the year ending June 30, 2023, which follows a £121.4m loss reported in the previous financial year.
Boehly, who has been keen to reduce the wage bill by bringing in younger players, may need to offload significant assets this summer to stay within the £105m PSR limit for losses across three years. Chelsea could face a points deduction in upcoming years should they fail to comply, though United aren't in the clear themselves.
READ MORE: Manchester United's secret meetings with UEFA staff might have become worthless
READ MORE: 'It's done' - Manchester United star 'reveals' Erik ten Hag replacement
Speaking to OLBG (via the Mirror), Wilson remarked: "Chelsea are the biggest red flag in the division without question. In the last set of calculations, they will need to sell upwards of £125million worth of talent by June 30 in order to comply with the regulations this summer."
FFP expert Stefan Borson earlier this month suggested Chelsea are attempting to alleviate their financial strain by selling
The website celebfans.org is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Popular Celebs
Popular Tags
manchestereveningnews.co.uk
27.05.2024 / 10:09
Pep's pick, CFG surprise and Liverpool legend - who could replace Pep Guardiola at Man City
Pep Guardiola has been asked about his Manchester City future in so many press conferences and interviews in recent weeks, he appeared to be caught off guard by the most direct line of questioning yet.
manchestereveningnews.co.uk
25.05.2024 / 16:07
Erik ten Hag breaks silence on Manchester United sack reports
Erik ten Hag refused to engage with questions about his future at Manchester United amid reports that the Dutchman is set to be sacked after the FA Cup final.
manchestereveningnews.co.uk
25.05.2024 / 14:31
FA Cup final rules on VAR and extra time explained ahead of Man City vs Man United
Wembley Stadium will see a repeat of last year’s FA Cup final on Saturday afternoon as both Manchester United and Manchester City make their way to the national stadium.
manchestereveningnews.co.uk
24.05.2024 / 12:21
Erik ten Hag ruthlessly told he will be sacked even if he wins FA Cup final
Not even victory in Saturday's FA Cup final could be enough to save Erik ten Hag from the swinging axe at Manchester United.
manchestereveningnews.co.uk
24.05.2024 / 08:19
Christian Eriksen fascinating insight into what Man Utd players can expect from Mauricio Pochettino
Christian Eriksen has already given his opinion on Mauricio Pochettino's coaching methods amid links to Manchester United.
manchestereveningnews.co.uk
24.05.2024 / 07:17
Manchester United get enormous £5.1bn update ahead of transfer window and FFP concerns
Manchester United have retained their place as the second most valuable football club in the world with the club only second behind Spanish giants Real Madrid.
manchestereveningnews.co.uk
24.05.2024 / 06:37
Manchester United 'determined' to beat Premier League rivals to Raphael Varane replacement
Manchester United are reportedly 'determined' to win the race against Premier League rivals Chelsea to sign Boca Juniors star Aaron Anselmino ahead of this summer's transfer window.
manchestereveningnews.co.uk
22.05.2024 / 17:15
I worked with Kieran McKenna and he's ideal for Manchester United for three reasons
Former Manchester United captain Ashley Young is convinced Kieran McKenna is capable of stepping into a Premier League job.
manchestereveningnews.co.uk
21.05.2024 / 20:49
What Mauricio Pochettino said after missing out on Man United job to Erik ten Hag speaks volumes
Mauricio Pochettino hinted that there could be another opportunity for him to become Manchester United manager in the future after missing out on the role to Erik ten Hag in 2022.
manchestereveningnews.co.uk
21.05.2024 / 14:39
Manchester United risk making same mistakes as Mary Earps makes honest contract admission
As the clock ticked down at Old Trafford on Saturday afternoon, the pocket of travelling Chelsea fans in the Sir Bobby Charlton Stand opted to make Mary Earps the subject of their derision.
manchestereveningnews.co.uk
20.05.2024 / 14:41
Gemma Atkinson asked 'are they allowed' as she distracts with same thing amid sweet son update after honest admission
Gemma Atkinson was cheekily questioned as she was seen taking her daughter to her first football game. The match may not have ended in Manchester United Women's favour but the Hits Radio host and Mia, four, appeared to have a great time at Old Trafford.
manchestereveningnews.co.uk
20.05.2024 / 04:51
Andre Onana names two key players ahead of Manchester United FA Cup final vs Man City
Goalkeeper Andre Onana insists the returns of Lisandro Martinez and Raphael Varane will give Manchester United a significant boost ahead of Saturday's FA Cup final against Manchester City at Wembley.
manchestereveningnews.co.uk
16.05.2024 / 16:55
How Manchester United can qualify for Europe on Premier League final day
Manchester United can still qualify for Europe with just one Premier League fixture of the 2023/24 season left.
manchestereveningnews.co.uk
16.05.2024 / 14:31
'He's the one' – TNT Sports pundit puts forward 'big name' capable of taking Man Utd job
Michael Owen has named the one man who can take over from Erik ten Hag as Manchester United manager.
manchestereveningnews.co.uk
13.05.2024 / 10:13
Eddie Howe fires warning to Sir Jim Ratcliffe ahead of Manchester United vs Newcastle fixture
Eddie Howe knows Newcastle are in pole position to secure a sixth-placed finish in the Premier League ahead of the final two games of the season.
manchestereveningnews.co.uk
13.05.2024 / 06:43
'Impossible' - Manchester United learn Benfica transfer stance amid Joao Neves links
Benfica are reportedly unlikely to let Joao Neves leave for a lower fee than his release clause amid reports linking the midfielder with a summer move to Manchester United.
manchestereveningnews.co.uk
13.05.2024 / 05:21
Rashford, Fernandes, Mount – Manchester United injury news and return dates ahead of Newcastle
Manchester United responded to last week's 4-0 thrashing at Crystal Palace with a much better performance against Arsenal over the weekend despite falling to a 1-0 defeat.
manchestereveningnews.co.uk
12.05.2024 / 14:57
Michael Olise sent clear Man United transfer advice ahead of summer window
Reported Manchester United transfer target Michael Olise has been warned that he could ‘get lost’ if he completes a move to Old Trafford, as he is told to choose his next step wisely.
manchestereveningnews.co.uk
12.05.2024 / 03:09
Erik ten Hag picks six games that prove his Manchester United 'team spirit' argument
Erik ten Hag insists his Manchester United players have proved they are fighting for the shirt in recent games despite admitting to collective disappointment at the way they folded at Crystal Palace last week.