“It would have cleared out debt but..” – Sevilla president explains why they rejected Chelsea’s €50million offer for Kounde

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Sevilla president Jose Castro has explained why he decided against selling Jules Kounde to Chelsea over the summer – even though the transfer fee would have wiped out the club’s debts.

Castro confirmed Chelsea offered €50million to Sevilla for the transfer of centre-back Kounde but insists the offer was rejected because the La Liga club have their own ambitions.

Castro told Diario de Sevilla: “We are the second team with the highest salary cap capacity.

“Nobody can escape the fact we are coming out of a pandemic and this year there was no choice but to give a negative financial result.

“There has been no income from season tickets, match tickets or bars. Marketing and television revenues have suffered.

“Even so, with Chelsea’s offer of €50million, the deficit was wiped out. That speaks of the strength of the club.

“I don’t know how many teams in Spain would say ‘no’ to Chelsea’s €50m and maintain this deficit, considering that the squad is worth €400m [£340m].

“The deficit comes from the pandemic, but also from choosing to build a stronger squad rather than sell in the last two markets.

“That’s called ambition and sometimes to have ambition you have to have a deficit. It’s OK.”

Kounde was reportedly furious that Sevilla turned down Chelsea’s bid for him.

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