"Saved wages" – Journalist explains financial side of Chelsea's summer business

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The summer transfer window of 2024 stays fresh in all of our minds right now as it only closed on Friday evening just passed, and Chelsea were very busy!

It was always expected that Chelsea were going to be super busy during this summer window, and they certainly didn't disappoint in terms of that.

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They signed a lot of players but also managed to get some out the door though. Although, it was probably not as many as they would have wanted to move on this summer with some players still being at the club and deals not getting done.

Ben Jacobs explains the finances

As you can see above, journalist Ben Jacobs has been explaining the sales and outgoings costs at Chelsea this summer.

He says:

"Chelsea have spent £184m in fixed fees this summer, plus a further £46m on 2025 signings (Estêvão and Mike Penders. Aaron Anselmino fee counted as this summer because the Argentine was purchased and loaned back to Boca). And there is an obligation of up to £25m for Jadon Sancho in 12 months.

"Chelsea have brought in £166.5m in guaranteed fees with the potential for further £30m in 2025 if Everton take up the option to buy Armando Broja. And there is saved wages for Raheem Sterling and Kepa Arrizabalaga due to their loans to Arsenal and Bournemouth."

Personally I think Chelsea would have liked to have done a lot more in terms of the outgoings and money made there. Some of those late deals were just loans and to be frank, Chelsea left it all too late.

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