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Liverpool Echo
Liverpool Echo
Sport
Charlotte Coates

New Chelsea owner Todd Boehly makes blunt Liverpool admission amid transfer warning

New Chelsea owner Todd Boehly has used Liverpool as an example of a 'great model' to follow in the transfer window.

During Roman Abramovich's 19 years in charge at Chelsea, money was no option. The Russian was renowned for big deals from Fernando Torres to Romelu Lukaku and many more including Kepa Arrizabalaga, who is second-choice at Stamford Bridge despite making a £71m move from Athletic Bilbao in 2018, which remains a world-record fee for a goalkeeper.

But Abramovich was forced to put the club up for sale in March after he was sanctioned over his links to Russian president Vladimir Putin.

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And late last month the £4.25billion sale of Chelsea to a consortium led by American investor Boehly and private equity firm Clearlake Capital went through.

And Boehly has been speaking to Bloomberg about how the club will no longer be able to buy players at 'any price' in the era of Financial Fair Play and why Liverpool, who have won every major domestic, European and world honour under the ownership of FSG, are someone to emulate.

Boehly told Bloomberg: “Financial Fair Play is starting to get some teeth and that will limit ability to acquire players at any price. UEFA takes it seriously and will continue to take it seriously. [More teeth] means financial penalties and disqualification from competitions.

“If you look at the models that are very successful, Liverpool is a great model. Liverpool generates a couple of hundred million more revenue than Chelsea and they generate earnings, so there is an opportunity to compete.”

As reported by The Times, Chelsea intend to spend £200m on transfers this summer in a bid to close the gap to Liverpool and Manchester City at the top of the Premier League.

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