• May 20, 2024

Chelsea to compete with Man Utd for the “next Endrick” despite Todd Boehly’s ominous £100m warning.

In recent years, Chelsea has emerged as the most active club in the Premier League in terms of player recruitment. The club has been focusing on bringing in promising young talents, and their latest target is Thalys, a forward from Palmeiras with significant potential for the future.

Thalys is often compared to his teammate Endrick, who is set to join Real Madrid and is highly regarded as one of the top prospects in world football. Although Thalys is yet to debut for Palmeiras’ first team, he showcased his talent by scoring four goals in nine appearances at the Copa Sao Paulo, Brazil’s prominent youth tournament.

Despite being tied to Palmeiras until 2026, Chelsea is reportedly interested in acquiring Thalys, who is valued at around £34m. However, the club might attempt to negotiate a lower transfer fee, considering their substantial spending in the transfer market in recent years.

There are concerns that Chelsea could face challenges with Financial Fair Play (FFP) regulations due to their heavy spending without generating sufficient revenue from player sales. Stefan Borson, a former advisor at Manchester City, has warned that Chelsea is at risk of failing FFP unless they can raise £100m before the summer, which may require them to sell players promptly after the season ends.

Borson emphasized that potential buyers would be aware of Chelsea’s need to sell players, and the club’s breach of FFP could be deemed deliberate and more significant than previous cases. This situation poses a considerable challenge for Chelsea, especially with the impending Euros limiting the window for player sales.

The club’s FFP situation and its potential impact on transfer strategies and financial planning are pertinent issues to monitor, especially given their ambitious recruitment approach.

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