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Cheslea owner Boehly wary of FFP impact on transfer business

Soccer Football – Premier League – Chelsea v Wolverhampton Wanderers – Stamford Bridge, London, Britain – May 7, 2022 Chelsea new owner Todd Boehly reacts REUTERS/Tony Obrien

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June 17 (Reuters) – UEFA’s Financial Fair Play rules are starting to get some teeth and clubs will no longer be able to sign players “at any price” due to the risks of sanctions, said Chelsea’s new owner Todd Boehly.

An investment group led by Boehly and Clearlake Capital acquired Chelsea in May after former owner Roman Abramovich put the club up for sale following Russia’s invasion of Ukraine, which Moscow calls a “special military operation”. read more

Chelsea have been the most successful team in England in the period since Abramovich bought the club in 2003, thanks in large part to the Russian’s investment.

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