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Chelsea news: Todd Boehly given two explanation why his eight-year contract gambles may fail | Football | Sport


Chelsea owner Todd Boehly could have some big problems to take care of further down the road consequently of his strategy of tying down the club’s recent signings to eight-year contracts, based on former Liverpool defender Jamie Carragher. The Blues have been the Premier League’s biggest spenders by quite a long way during the last two transfer windows, with Boehly splashing a combined total of around £323million on recent players in January alone.

The likes of Benoit Badiashile, Mykhaylo Mudryk and Enzo Fernandez all signed eight-year deals upon joining Chelsea, which is believed to be an amortisation ploy from the west Londoners to get around Financial Fair Play restrictions by spreading costs over an prolonged time period. Carragher believes that although credit should go to Boehly for his initiative, he may struggle to dump some players in the event that they fail to perform at Stamford Bridge, while Chelsea could also face a variety of problems if their stars demand higher salaries within the near future.

“If Todd Boehly and Chelsea have found a way around the foundations, without breaking them, by putting players on eight- or nine-year contracts, I’ll say good luck to them,” said Carragher, speaking on The Overlap Live Fan Debate, in partnership with Sky Bet.

“If he has found a method to beat the system, to exit and spend this money without breaking any FFP rules, then he’s ahead of the sport. But there are such a lot of smart people in football, and I can’t consider he, who has only just come into the English game, has found a way that nobody else has ever considered.

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“What’s down the road for Chelsea, putting players on eight-year contracts? After a couple of seasons in the event that they don’t do thoroughly, how do you eliminate them? Or, in the event that they do well, they’ll have a look at the where the market is and wish extra money and one other contract.”

It stays to be seen whether Boehly’s unusual strategy will come back to haunt him in future seasons, although the 49-year-old has shown on loads of occasions that he isn’t afraid to delve into his pockets since taking up at Chelsea last 12 months. The club smashed the British transfer record to sign Fernandez from Benfica last month, while it has also been reported that the likes of Mason Mount and Reece James could join Chelsea’s recent signings in being tied all the way down to eight-year contracts within the not-too-distant future.


Their aggressive spending policy has not gone down well in some quarters, though, with many rival clubs having reacted with ‘jealousy, bitterness, admiration and confusion’ to Chelsea’s exploits in recent transfer windows, based on The Athletic. Graeme Souness recently took aim at Boehly by insisting that isn’t being careful enough in his recruitment consequently of a lack of information regarding the true value of the players he has signed.

“In relation to Fernandez, Chelsea have paid a premium on top of a premium on top of a premium,” wrote Souness for the Each day Mail. “A premium since it is the Premier League calling. A premium since it is Chelsea. A premium because they need this player now.

“Boehly is the most recent super-rich businessman learning about our football the hard way and having his trousers taken down in relation to transfer dealings, by not knowing the worth of the players he’s buying.”

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