BlueCo are rightly criticised for many reasons. Their four-year tenure at Chelsea has been a learning curve for the hierarchy, but the mistakes during that time have culminated in a tenth-placed finish.
Club World Cup and Conference League wins papered over the cracks. This is an ownership that has not got it right and are now paying the price. The inability to sign Granit Xhaka should be another concern.
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BlueCo are proving stubborn.
This summer was supposed to prove if BlueCo had learned their lesson. Perhaps, Sunderland would have just rejected any bids, but Chelsea were not willing to bid big for a player turning 34 next season.
It suggests that lessons have not been learned. Chelsea need to get fans back onside; every deal this summer needs to be a good one. Well, the first bit of news since Xhaka is certainly a super bit of business.
£18m influx incoming and a future £6m a possibility
Say what you want about BlueCo. Their signings often fail to work, their approach is all wrong, and the number of young players signed has clogged the pathways for the current academy into the first XI.
But, they are excellent when it comes to raking in a fee. Everton are set to pay an initial £18m to sign Tyrique George, while another £6m in add-ons will be received by Chelsea if certain conditions are met.
That is according to Nizaar Kinsella among others. Everton had been in talks to sign George despite not activating the permanent clause in his loan. A £30m fee is stunning business from Chelsea’s owners.
While it sees another academy product leave Chelsea, the fee received by the Blues is way higher than most will have expected. George failed to score or assist for Everton in 11 appearances during his loan.
Playing 37 times for Chelsea in all competitions, George did have a hand in 12 goals – but only two of those goal involvements came in the Premier League. George has done little to warrant a £24m fee.
George sale is pure profit for Financial Fairplay
To be fair to Chelsea and BlueCo, the sales they have made this summer are set to hand them a huge boost for Financial Fairplay. After another fine on the European stage, Chelsea have needed to sort it out.
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Thoughts?
Marc Cucurella’s move to Madrid was a £17.5m profit in the eyes of FFP. Jimmy-Jay Morgan is expected to be a profit after his £4m move to West Brom and now, George will leave for an initial £18m payment.
That fee is pure profit. It allows BlueCo to reinvest the whole lot without worrying about the impact it has on the club’s FFP status, and with amortisation, that could be a few signings covered by George’s fee.
George is not a £20m+ player. Could he be? Without a doubt, but right now, he has not shown enough to suggest it. That, and the FFP profit made, makes this deal one of BlueCo’s best since they arrived in 2022.
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