Finance Expert: Chelsea profits ‘eroded’ as transfer model analysed after £65m reveal

Below is a summary of the full article. Click here for the full version from Football Insider or go back to LFC Live.

MORE FOOTBALL INSIDER STORIES Why Chelsea have spent £65m on agent fees this seasonIt has been revealed Chelsea have topped the list for spending on agents this season, with their figure reaching £65.1m. If you do £600m of business, the agent fees and the percentage that they spend is not out of kilter with the rest of the league, so it’s not a lot.

There’s not a lot you can do about it. If you’re trading £600m of players, you’re going to have approximately £65m of agent fees and that’s what they have, so I don’t think there’s much of a surprise.” Why Chelsea face ‘constant problem’ with transfer modelBorson suggested the agent fees say more about the challenges Chelsea are facing employing their transfer strategy.

“It’s expensive for all of the add-ons that you have to pay each time you buy and sell a player. “You’ve got very high transactional costs when you buy the player and you’ve got very high transactional costs when you sell the player, which just means that even when you’ve got a successful signing that you then flipped, that your profit has just been squeezed.” 🦁 Don’t Miss a Beat: Your Chelsea Insider Access Get the full story from Stamford Bridge and Cobham with our dedicated expert hubs: Updated 24/7 with expert analysis from West London.