What Does A Director Of A Football Club Do Chelsea FC – Cut Spending and Look to Youth

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Chelsea FC – Cut Spending and Look to Youth

Ever since Roman Abramovich became the new owner of Chelsea Football Club in 2003, they have become famous for spending big in the English Premier League.

From 2004-2009, a total of more than £325 million was spent on players, although £245 million was recovered from player sales during that time, and particularly in the 2009 season, there was a profit from player sales (spending). . approximately £68 million.

Obviously, transfer fees are only half the story, player wages are very expensive, Chelsea spent £142m on player wages last year alone. These huge costs are partially offset by ticket sales, merchandise and replica shirt sales, advertising, television payments and indeed the Premier League win bonus, which is estimated to be around £15m.

Chelsea have maintained a strong financial position and are reportedly aiming to “become a contender” over the next few years.

Since Abramovich’s acquisition, the investment in football betting has paid dividends and Chelsea have enjoyed a very successful period; they have won eight major trophies, including the Premier League 3 times, the FA Cup 3 times and the League Cup twice – making them England’s most successful team in the last seven years.

Chelsea are not the only big spenders in the Premier League and concerns are growing about the financial situation of some football clubs. In addition to the high costs of some clubs, this financial power is seen by some as an unfair advantage if the club is backed by wealthy businessmen or consortiums.

Another issue of concern is the lack of “homegrown” talent, which can have a negative impact on the national team as well as the clubs, due to the influx of foreign players into the Premier League.

Football governing bodies have already taken measures. From the start of the 2010/11 season, the Premier League will introduce a squad of 25 players and a quota for “home” players. Starting this season, clubs must include eight domestic players in their 25-man squad.

A domestic player is defined as having been registered with a club for at least three seasons before the age of twenty-one.

Chelsea seem to be leading the way here, having moved to their new training ground in Cobham, Surrey in 2004 and opening their new multi-million pound training ground in 2007, which includes all the latest in training and rehabilitation. , medical technology, pitch and media and it is also home to Chelsea’s youth team and academy.

Cobham is the home of the under 9s to the 18s, up to the Chelsea first team. The academy is overseen by Chelsea sporting director Frank Arnesen, who was appointed in 2005, and is known for his ability to develop young players.

“Chelsea” already has several players from the academy on the verge of joining the main team. The long term strategy should obviously be to develop talented young players rather than paying big money for older players from other teams, this will also ensure future financial stability.

The development of homegrown players is considered a vital goal for Chelsea. Cobham offers us the perfect platform for this. It is a general consensus that the new Premier League rules on homegrown players will benefit the long-term future of football.

Another issue for Chelsea is the huge player wages, since the 2012-13 season clubs entering Europe have to prove they are financially sound and are only allowed to spend on player transfers and wages what they earn in revenue. . is another factor that drives the development of youth team players to reduce huge transfer costs.

Before the start of this season, Chelsea released several high-profile players who were reported to be among the highest earners at the club, it will be interesting to watch the developments and wage structures over the next few years, again I believe. Chelsea is ahead and will have a huge presence in English, European and World football.

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