FOOTBALL
Investigation: Is Chelsea breaching the Financial Fair Play rules?
Chelsea have spent a whopping £445 million on transfers since the new ownership came in last summer.
The Blues’ astonishing transfer outlay has infuriated rival fans as they accuse Chelsea of violating Financial Fair Play rules.
How is Chelsea doing it without getting sanctioned by UEFA? Is the European football regulatory body turning a blind eye to Chelsea’s outrageous spending? Or are the Londoners genuinely playing by the book?
Chelsea now hold the record for spending the highest amount of money across a season by eclipsing Manchester City’s £328 million splash in 2017/18.
Ukrainian winger Mykhailo Mudryk has been the latest addition to Chelsea’s armoury.
The former Shakhtar Donetsk star cost the club an upfront fee of £62m, which would rise beyond £90m if certain add-on conditions come to fruition.
Financial Fair Play in the Premier League is calculated over a three year period.
Clubs can make a maximum loss of £105 million throughout this time. However, infrastructural expenditure and investments in youth and women’s football are not taken into account. Clubs can also spend as much as they want on community development projects.
Clubs have also been given financial leeway to compensate for their pandemic losses.
The FA have allowed the injection of owner money to recoup the losses incurred due to reduced TV and matchday revenues during the covid era.
UEFA’s FFP rules are much stricter.
The loss ceiling for clubs is €60m (£53m), and there are no concessions for infrastructural, academy, women’s team, and community development investments.
But under the previous ownership, Chelsea were a financially well-run club, which reflects in their financial statement.
Their financial record for the 2020/2 season shows a £32.5m profit, despite a significant revenue loss due to covid.
The club has generated £688 million over the last 10 years, which is higher than any other club in the Premier League. Their nearest competitor in this regard are Liverpool whose player sales profit was only £357m within the same period.
As of this season, Chelsea have been breaking up the transfer fee and wages over lengthy contract durations.
Amortization has allowed the club to show a far more modest amount on their balance sheet.
Mudryk’s contract, for example, is eight and a half years long. Benoît Badiashile, another Chelsea January acquisition, was tied down to a seven and a half years contract.
Chelsea’s current recruitment team, headed by Paul Winstanley and Christopher Vivell, has come up with this strategy to work around FFP restrictions. For this reason, Chelsea can show an annual expense of £70 million in their balance sheets for their transfer spending this season.
Of course, it’s not a risk-free policy.
Handing out such lengthy contracts means the club is making a huge gamble on the players.
If the player’s form drops drastically, the club might find it difficult to ship them out.
However, if the player performs well or even beyond expectations, the length of the contract should ward off potential suitors.
Also, Chelsea have been avoiding extraordinary wage offers with these lengthy contracts so that players don’t get complacent and wait for the pay cheque to arrive week in, week out.
Georgina Rodriguez made a huge claim on the future of her husband and star player, Cristiano Ronaldo, in Football. In a brief interaction with a host recently, Rodriguez was asked about the time left for Cristiano to make an impact at the highest level. Georgina looked honest in her approach to the question of the host and claimed something the fans would not love to hear.
Georgina claimed that the Portugal star has maybe one year more from him at the highest level. She felt that Ronaldo might play two more years before retiring and not more than that. She was however not sure if he would play for just one or two years and added that the Al Nassr star could also play more than that.
Watch the video of Georgina Rodriguez here –
🚨🎙️| Georgina Rodriguez on Cristiano Ronaldo’s future at Paris Fashion Week yesterday:
“Cristiano one more year, then it’s over. Maybe two, I don’t know.”
(via @ArobaseGiovanny)pic.twitter.com/4dxw2j5DuC
— Pubity Sport (@pubitysport) March 3, 2024
“Cristiano one more year, then it’s over. Maybe two, I don’t know,” said Rodriguez in the little chat she had with the host. The video has gone viral on X and the fans have started sharing it on different platforms. Some of the fans feel that Georgina might be right, while others feel that she could be wrong, given the fitness and longevity of the star player.
Legacy of Cristiano Ronaldo
On the 5th of February, Ronaldo celebrated his 39th birthday. He is currently one of the oldest players in the world. In the past, players at this age would have retired way back. But the fitness and consistency of Ronaldo make him play the sport as long as he wishes. In his career so far, Ronaldo has won many major leagues for Portugal and league teams like Real Madrid, Al Nassr, and Manchester United.
With United, Portugal won some major leagues like the FA Cup and the Champions League. With Real Madrid, the 39-year-old won the leagues like the UCL, Copa Del Rey and La Liga. He won it three consecutive times for Real Madrid. For Portugal, Cristiano had a huge contribution to Portugal. He has the most number of appearances and goals for an international team and won the Euro 2016 with Portugal.
England and Real Madrid player Jude Bellingham was slapped with a Red Card during the La Liga game against Valencia. In the game, the home team, Valencia was leading by 2-0 after 30 minutes before Madrid scored in the injury time of the first half. Vinicius Junior opened the scoring for Madrid while Hugo Duro (27′) and Roman Yaremchuk (30′) scored a goal each.
In the 76th minute, Junior scored an equalizer to keep the team in the game. However, in the injury time of the second half, Bellingham was given a red card as he argued with the referee against calling it a full-time before he could score. In reply, the match official decided to slap the England international with a Red Card. The team coach Carlo Ancelotti wasn’t happy with the verdict as the Three Lions player was making a pass at the time.
Jude Bellingham verbally abusing officials and other footballers at the slightest provocation needs to be talked about more. It’s embarrassing he gets applauded by Real Madrid Fans.
Mason Greenwood should’ve allowed La Liga to deal with this simp. pic.twitter.com/ixYSw6YxaC
— Herman Facundo© (@hermanfacundo_7) March 3, 2024
“I think what’s just happened is unprecedented. It’s never happened to me,” Ancelotti told reporters.
“We had possession of the ball and the match should have been finished when Valencia had the ball.
“What bothers us is the red card for Bellingham because he didn’t say anything insulting. He was frustrated of course,” said Ancelotti, adding that Bellingham had used a common English swearword when telling the referee it was a goal.
We are annoyed with Jude Bellingham’s Red Card: Carlo Ancelotti
“We were annoyed with Bellingham’s red card. He didn’t say any insults. He said in English ‘it’s a f—ing goal,’ but he was just saying what we were all thinking … [The referee] allowed play to continue. I think he made a mistake.”
“[Bellingham] was clear in what he said,” Ancelotti added. “He was quite vehement [in his reaction] but that’s normal, after what happened. It wasn’t an insult, not at all.”
FOOTBALL
PL 2023-24: MCFC vs MUFC Dream11 Prediction, Playing XI, Fantasy League Today’s Captain, Vice-Captain, and more for Manchester derby
Super Sunday is set to witness the Manchester Derby in the Premier League 2023-24. The match between Manchester City (MCFC) and Manchester United (MUFC) is set to take place in Etihad Stadium, the home ground of Manchester City. The two teams have had a contrasting journey in the league till now. The fortunes of City changed ever since Pep Guardiola took over the club as the manager.
While the home side are placed in the second position in the points table currently, United are in the sixth place in the points table. In their previous encounter, City hammered Luton Town by 6-2 in the FA Cup. United have shown massive improvements in the last few weeks after not having a good start to their campaign. United were involved in a thrilling game where they beat Nottingham Forrest by 1-0 in their last game.
Both teams feature some of the best players in the world. The likes of Julian Alvarez, Erling Haaland, Marcus Rashford, Kevin De Bruyne, Bruno Fernandes, Casemiro, and others would be taking part in the match. Manchester City will start the match as the favourites, given their record in the ongoing league so far and the match taking place in their home. United with their improved record can challenge the home side.
MCFC vs MUFC – Match Details
Match – Manchester City (MCFC) vs Manchester United (MUFC), Premier League 2023-24
Venue – Etihad Stadium, Manchester
Date and Time – 3rd March 2024, 21:00 IST
Live Coverage – Star Sports Network and Disney plus Hot Star
MCFC vs MUFC – Head-to-Head
Both the teams from Manchester have a rich history in the sport. they have been up against each other in 191 instances. In as many games, Manchester United have been historically the better side with 78 wins to their name. City have managed to win 60 wins, as 53 games ended in a draw. In the last five games between the two sides in the Premier League, City have won four of the five games.
MCFC vs MUFC – Likely XI
Manchester City: Ederson, Walker, Dias, Ake, Akanji, Rodri, De Bruyne, Silva, Alvarez, Haaland, Foden
Manchester United: Onana, Dalot, Varane, Lindelof, Amrabat, Casemiro, Manioo, McTominay, Fernandes, Rashford, Garnacho
MCFC vs MUFC – Fantasy XI
Grand League Team
Goal Keeper – E Moraes
Defenders – M Akanji, K Walker, H Maguire
Mid Fielders – Kevin De Bruyne, B Fernandes, R Hernandez, Casemiro
Forwards – E Haaland (VC), J Alvarez, M Rashford (C)
MCFC vs MUFC, PL 2024 Dream11, Grand League (Source: X)
Head-to-Head Team
Goal Keeper – S Ortega
Defenders – M Akanji, K Walker, R Varane
Mid Fielders – K De Bruyne (C), B Fernandes (VC), B Silva, Casemiro
Forwards – E Haaland, J Alvarez, M Rashford
MCFC vs MUFC, PL 2024 Dream11, Head to Head (Source: X)
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