Chelsea enter Conference League despite speculation they could snub Uefa competition after facing tough financial rules
CHELSEA have been entered for the Conference League next season – despite the extra financial restrictions they will face from Uefa.
Manchester United’s FA Cup Final triumph over Manchester City tipped the sixth-placed Blues into Uefa’s third competition.
GettyChelsea have been entered for the Conference League next season[/caption]
ReutersThis follows as the club will face extra financial restrictions from Uefa[/caption]
It also cost Chelsea £7m in up-front Uefa cash, adding to the Stamford Bridge club’s potential issues.
There had been speculation that Chelsea might opt not to take up their place in the competition.
All clubs playing in Europe must stick to Uefa’s spending limit of 80 per cent of their annual revenues on wages and transfers.
Whereas Prem PSR rules allow losses of £105m over three years.
Uefa, which has a fixed punishment schedule for breaches, will also not allow Chelsea to include switches of property assets to the club’s owner company in their accounts.
But despite the concerns, Nyon chiefs have now confirmed Chelsea were entered in the Conference League by the FA.
It means they cannot be replaced by Newcastle – who finished seventh in the Prem and were knocked out of Europe altogether by the Old Trafford club’s Wembley triumph.
Chelsea have spent around £1billion on player transfers over the last two years, meaning they are now at risk of breaching the Premier League’s Profitability and Sustainability Rules.
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If found guilty of a breach, they could receive a significant points deduction.
The Blues recently appointed former Leicester City boss Enzo Maresca following Mauricio Pochettino‘s departure.
Poch left Stamford Bridge by mutual consent last month despite having a positive end to the season.
Meet Pep Guardiola disciple Enzo Maresca
ENZO MARESCA is considered among the most exciting young coaches on the planet.
Born in Italy in 1980, he managed to guide Leicester to the Championship title in his first season as Foxes boss.
His management career started at Italian minnows Ascoli before he was snapped up by Man City in 2020 to manage their Elite Development Squad.
He guided the youth team to the Premier League 2 title in his one season working for the Citizens – with Cole Palmer in the side.
His first senior job was with Parma but he was sacked after just a few months after failing to impress.
Despite the team playing in Serie B and Maresca having an impressive squad he was unable to get them on course for promotion.
He returned to Man City and worked as one of Pep Guardiola’s assistants for the 2022/23 season as they won the Treble.
He took over relegated Leicester last summer and made an immediate impact, with the Foxes winning the Championship title.
Maresca showed his dedication to the job by living at the training ground for the first two months after his appointment.
He’s considered something of a Pep disciple and has said: “For a coach, it’s important to have the mentality of a chess player.”
During his playing career he played under Carlo Ancelotti and Marcello Lippi – and alongside ex-Brighton boss Roberto de Zerbi.
Premier League sides deducted points and others at risk
Nottingham Forest
Deducted four points during the 2023-24 season for breaching Premier League spending limit by £34.563m. Failed in their appeal with decision upheld.
Everton
Initial 10-point deduction for 2021-22 Premier League breaches reduced to six points on appeal. Were deducted a further two points later in the 2023-24 season. Appealed, but since withdrawn following Prem survival.
Sheffield United
Hit with a two-point deduction for their finances during the 2022-23 EFL season. Will begin the 2024-25 Championship season on -2 points following their relegation from the Prem.
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Manchester City
Etihad club emphatically denies the 115 allegations laid against them in February 2023. The lengthy Commission case has been scheduled to start in October or November but a final decision is not expected until March or April 2025.
Chelsea
Blues chiefs flagged up illicit payments made to agents and others during the Roman Abramovich era. Fined £8.6m by Uefa but still to be formally charged by the Prem despite an ongoing investigation.
Leicester
Foxes breached Prem PSR loss limits last season but did not have to report their 2022-23 accounts until this month because of their relegation. That puts the timetable back and means that they will probably face a Prem points deduction for the 2024-25 season following their return to the top flight.
Everton (again)
The Toffees are again at risk of breaking PSR rules and are in a race against time to raise funds and balance the books. Not only could that lead to another charge but also administration. That would lead to an automatic nine-point deduction for the 2024/25 season.
