Chelsea set to sell Reece James AND Conor Gallagher in summer transfer window to bring in £100m and comply with FFP

CHELSEA are preparing to sell both Conor Gallagher and Reece James in a bid to comply with Financial Fair Play rules.

The Blues have spent a staggering £1billion in transfers alone ever since the Clearlake Capital-led takeover in the summer of 2022.

Chelsea will command £60m for Reece James this summerGetty

Chelsea ace Conor Gallagher’s contract runs out next yearAlamy

Chelsea are looking to raise £100m to comply with Financial Fair Play regulations

Chelsea want to avoid surpassing the Prem’s £105m limit on allowable losses over a three-year period.

And the West Londoners are now finding themselves at risk of breaching the Premier League’s Profitability and Sustainability Rules just like Everton and Nottingham Forest.

That is why chairman Todd Boehly could look to sell academy graduates who will command a large fee due to their status.

According to The Sunday Times, Chelsea have decided to put both James and Gallagher up for sale as they look to generate well over £100 million in additional revenue.

That is to avoid surpassing the Prem’s £105m limit on allowable losses over a three-year period.

James, 24, is a key member of Mauricio Pochettino’s squad but has been limited to a mere nine appearances so far this season due to an ongoing injury hell.

The full-back underwent hamstring surgery in December and returned to first-team training at the beginning of this month.

And Chelsea chiefs have slapped a £60m price tag on the England international as suitors have taken notice.

The club’s hierarchy is in a bigger rush to sell Gallagher, 24, as his contract runs out in 2025.

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Therefore, the Premier League giants are at risk of losing the midfielder for free next year as he doesn’t appear keen on penning fresh terms at Stamford Bridge.

However, Premier League rivals West Ham and Tottenham have expressed strong interest in the England international.

Crystal Palace have also been keen to bring Gallagher back to Selhurst Park after his successful loan stint two seasons ago.