• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Sports

Financial rules force Chelsea to sell academy talents – Maresca

Quadri Olaitan by Quadri Olaitan
August 6, 2024
in Sports
0
Financial rules force Chelsea to sell academy talents – Maresca
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0

Chelsea manager Enzo Maresca said financial sustainability rules must be changed to discourage clubs from cashing in on academy graduates as Conor Gallagher looks set to join Atletico Madrid.

The England international would join Mason Mount, Lewis Hall, Ruben Loftus-Cheek, Ian Maatsen and Callum Hudson-Odoi as products of the Chelsea youth system to be sold over the past two years, while Armando Broja and Trevoh Chalobah are also expected to leave before the end of August.

 

Also read: Pre-season friendlies: Chelsea, Man Utd, other EPL clubs fixtures

 

Chelsea have needed to recoup funds after splashing well over £1 billion ($1.3 billion) in the past four transfer windows to revamp the squad under new ownership led by LA Dodgers co-owner Todd Boehly and private equity firm Clearlake Capital.

The sale of players who came through the academy is particularly helpful for clubs to comply with financial regulations as the full transfer fee is recorded as a profit in the books.

Profit and sustainability rules that limit Premier League clubs to losses of £105 million ($134 million) across a three-year assessment period have been blamed for a slow summer transfer window so far.

Last season Everton and Nottingham Forest were docked points for breaching the regulations, while newly-promoted Leicester could face one this season for breaches in the 2022/23 campaign.

“This is not Chelsea’s problem, these are the rules. All the clubs at this moment are compelled to sell players from the academy because of the rules. It’s all of the Premier League clubs’ problems,” said Maresca, who joined Chelsea from Leicester in June.

“It’s a shame because in Italy, we have (Francesco) Totti with Roma, 20 years with the same club – one club man. We love that in football, the fans want to see that. But with the rules now it is different from the past.”

On whether the rules need to be changed, Maresca added: “If they want to protect academy players, then probably yes.”

Gallagher was Chelsea’s captain for much of last season due to Reece James’ injury troubles.

Despite fan unrest at his potential departure, the 24-year-old Gallagher appears headed for Spain to join Atletico in a £33 million deal.

Gallagher had just one year left on his contract at Stamford Bridge and reportedly rejected the offer of a two-year extension.

“In this moment, there is something between the club and the player – an agreement to stay or to leave,” said Maresca.

“These kinds of things happen in every club, every summer and in the end the final decision will be good for everyone.

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Quadri Olaitan
Quadri Olaitan

Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

osimhen victor
Sports

Buhari delighted with Osimhen’s imminent Napoli move, says ambassador

by Freelanews
July 25, 2020
Allardyce
Sports

Sam Allardyce names Okocha in best XI of his coaching career

by Quadri Olaitan
May 4, 2023
suarez
General

‘I deserved more respect’ Barcelona signed flops to replace me, Luis Suarez says

by Freelanews
February 23, 2021
resize
Sports

‘Racism row’ Neymar to face 7 game ban for punching Marseille defender

by Freelanews
September 15, 2020
Premier League fixture change
Sport

Premier League fixtures likely to change as nine clubs qualify for Europe

by Ibrahim Onipede
June 18, 2025

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

UBA whitepaper

UBA whitepaper ignites Africa’s sustainable growth vision

October 15, 2025
Dapo Abiodun slapped

Dapo Abiodun slapped seven-day ultimatum over Abeokuta road project records

October 15, 2025
Shettima champions funding

Shettima champions funding resilience to cut disaster costs

October 15, 2025
Joy Ogwu

Joy Ogwu dies at 79 in New York after stellar UN career

October 15, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
Taylor Swift deepfake scandal

Taylor Swift faces deepfake scandal as Swifties call for stricter regulation

January 25, 2024
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
UBA whitepaper

UBA whitepaper ignites Africa’s sustainable growth vision

October 15, 2025
Dapo Abiodun slapped

Dapo Abiodun slapped seven-day ultimatum over Abeokuta road project records

October 15, 2025
Shettima champions funding

Shettima champions funding resilience to cut disaster costs

October 15, 2025
Joy Ogwu

Joy Ogwu dies at 79 in New York after stellar UN career

October 15, 2025
October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Editor’s Pick

  • OGD vs DA
    OGD vs DA: The real story never told
    • August 22, 2025
  • Toyota Sienna harassment
    Why is Lagos State govt harassing Toyota Sienna users?
    • August 19, 2025
  • Otunba Gbenga Daniel
    Who really is Otunba Gbenga Daniel?
    • August 18, 2025

Hot!

UBA whitepaper

UBA whitepaper ignites Africa’s sustainable growth vision

October 15, 2025
Dapo Abiodun slapped

Dapo Abiodun slapped seven-day ultimatum over Abeokuta road project records

October 15, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Total
0
Share
0
0
0
0
0
0
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading