What a Victor Osimhen transfer would mean for Chelsea as FFP position explained

Despite spending close to £1bn on new additions since taking over the reins at Chelsea, co-owners Todd Boehly and Clearlake Capital are reportedly ready to get out their cheque book once again.

Sitting tenth after 20 games, 12 points off the top four and with Champions League football looking something of a pipe dream for this season, making it a second successive campaign without the lucrative European competition aiding the club’s bottom line, was not the position that Boehly and co had envisaged when they began their tactic of heavy spending.

The Chelsea view remains that, long term, having acquired so many of Europe’s brightest young talents on long deals, amortising the cost of those deals across seven, eight and even nine years, that they will be in a position to return themselves to glory in English football in the not too distant future, even if evidence thus far would question such confidence.

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The issue for Chelsea moving forward is how they square this spending with the Premier League’s profit and sustainability regulations (PSR), the rules in place which allow for clubs to make a combined loss of no more than £105m over a three-year accounting period.

According to figures presented by football finance expert Swiss Ramble, based on projections for the three-year PSR position for Chelsea through to 2023/24, the current accounting period, the Blues have a projected loss over the three year monitoring period of £323m. Of that figure, including allowable deductions related to investment in infrastructure, women’s football and the