New Chelsea owner, Todd Boehly has come out to say that UEFA’s financial fair play rules will start preventing clubs from signing players at any price. He recently had his say while speaking to the press, and fans have been reacting.
According to him, the reality is that football clubs will no longer be able to sign players at any price due to the risks of sanctions, and he expects UEFA to keep ta
king its rules seriously.
Todd added that Chelsea will always try to abide by the regulations and the club will also do better to extract more revenues from their players in the future.
His words, “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 sporting competitions.”
“We think the global footprint of this sport is really undeveloped.”
“There are four billion fans of European football. There are 170 million fans of NFL. Global club football is a fraction of the NFL media money.”
“We are also going to be thinking about, how do we get more revenues for the players?”
“If you look at [the NBA’s] LeBron James, for example, he has a whole business and a whole team dedicated to what’s not on the court.”
“So I think there is opportunity to capture some of that American mentality into English sports and really develop them.”
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