Blues legend explains how Chelsea will cope with current financial crisis

Enter your e-mail address to receive the latest news about Chelsea FC:

Powered by FeedPress

Photo: Getty Images

To get news directly on the go, download the Real Chelsea Fans App

The coronavirus pandemic has left a huge toll on clubs around the world as revenue generation has dropped due to how football has been on a standstill with stadiums having been closed down.

It has been predicted that many clubs won’t be able to cope with the current inactivity, especially if it lingers on, and clubs have moved to suggest a pay cut especially for the players.

Meanwhile, Chelsea hero Pat Nevin doesn’t feel that Chelsea will be badly affected as he believes that the Blues will be in a good financial position.

Nevin told West London Sport: “I have a suspicion and a feeling that Chelsea will be OK.

“Financially they will not be too bad. If you talk about the young players, they will grow and that’s fantastic. ‘There might be something in the economics that makes it difficult to bring players in.

“But if they can’t buy any players then they can just carry on. Some clubs will have to have fire sales that you wouldn’t believe. Some clubs will be able to deal with it well and be in an amazing position. Some clubs could be in danger of folding.

“You look at some of the clubs living on debt and you stick another massive amount of debt on top of that, which is what they are going to get, and the fundamentals are in a bad way for a lot of clubs right now.”

About the Author

VICTOR N
Chelsea is more than just a football club to me; it's a passion I share, and my affinity with the Chelsea badge is one that will last forever. As far as watching my favourite team is concerned, I'd rather miss a meal than miss a Chelsea game.