Sports
Chelsea Face Severe Points Sanction
Chelsea reportedly face the threat of a more severe points deduction than Everton and Nottingham Forest as a result of their elaborate spending.
Since the Todd Boehly-led ownership team took charge at Stamford Bridge in May 2022, the Blues have splashed out more than £1 billion ($1.3bn) in the transfer market. Premier League teams are only allowed to post losses of up to £105million ($134m) across a three-year period, leaving Chelsea at serious risk of incurring the same kind of penalties as Everton and Forest , who have had six and four points taken off them respectively in the 2023-24 campaign.
Football Finance expert, Stefan Borson, has told Tidesports source of where Chelsea stand at present: “There was an assumption with Mason Mount, because he was announced on Manchester United’s website on July 1 that [his sale] had been put into this current season. So the £55million ($70m) of profit was in this season. It now transpires that Mason Mount appears to have been transacted in 2022-23 and that is how they got through [FFP rules]. We also know from the BlueCo accounts that they are currently, from the post-balance sheet events, that they are something like £48million ($61m) in profit for this year. But of course, this year from an operating perspective, is going to be even worse than last year because they’ve got no Champions League and no Europe at all.”
He added on what Chelsea need from the next window: “Really, they have to find buyers for Trevoh Chalobah for £20million ($26m), Armando Broja for £40milliom ($51m), and Conor Gallagher for £50million ($64m). It’s those sort of deals that need to be done. And by the way, they all need to be done by June 30. That, as we know, is articulated within the Forest decision. There’s a whole conversation about how hard it is to sell players in the period before June. The Premier League actually suggested that more or less that it was impossible.”
With that in mind, and with the Blues struggling to comply with Profit and Sustainability Rules (PSR), Borson went on to say when asked if the west London heavyweights could be stung with harsher punishments than those that have already been handed out: “Yeah. Well, possibly more severe. I think the scale of the losses they’re currently forecasting, to me, appear to be vastly in excess of both Everton and Nottingham Forest.”
England captain Harry Kane netted a hat-trick to guide Bayern Munich to an impressive victory against Stuttgart.
Kane’s goals, plus one from Kingsley Coman, helped Bayern end a three-game winless run in all competitions.
They faced a tough task against a Stuttgart side who sat back and limited their chances, leading Vincent Kompany’s side to enter the break frustrated and with the deadlock unbroken.
Bayern eventually found a way past Stuttgart’s steely defence when Kane drilled a low effort into the bottom corner from around 30 yards out after Joshua Kimmich overturned possession.
Former Nigeria goalkeeper, Dosu Joseph, is full of thanks to God after he miraculously survived another life-threatening automobile accident recent at Kara, along the Lagos-Ibadan Express Way, where a heavy-duty truck ran into his SUV.
Narrating his ordeal, the 51-year-old, who guided Nigeria to gold in the Men’s Football Tournament of the 1996 Olympics in Atlanta, broke the news in a statement on his social media handles on Friday.
“To God be the glory, another death escaped by Grace and Mercy of God. Me and my friend SM were at Enyo Filling Station after Ojodu Berger bus stop to get fuel on Wednesday, October 2, 2024, around 6 p.m. when this MACK truck fully loaded with iron, with registration number LND 470 XX, left the road and crushed my car beyond repairs. Thank God for life,” he stated.
This is the second time the soft-spoken club proprietor will cheat death by a whisker, having been involved in an accident in 1997 that ended his career at 23 and left his spinal cord in bad shape.
He helped Julius Berger win the Nigeria FA Cup in November 1997 shortly a memorable Olympic outing by keeping a clean sheet in the finals against Katsina United. The following year, he was involved in the auto along Ikorodu Road, Lagos, which not only cut his career short but also left him almost paralysed, ending his spell at Serie A club Reggiana.
The former Nigeria international, who also kept goal for Julius Berger FC, said the case has been reported to Isheri Police Station, Ogun State, where the driver is currently detained and the truck also seized.
According to him, the owner of the truck said he can’t fix the badly damaged SUV until after a year.
Ex – Super Eagles of Nigeria, Okwuchukwu Waobikeze has observed that sports development in Nigeria is going down.
According to him, grassroots sports is very important, without it, the administrators cannot get it right. So everybody should key into grassroots sports development, he said.
Waobikeze said this last Wednesday in an interview with sports journalists shortly after the Port Harcourt All Stars Independence football festival (OCTOBERFEST) at the Port Harcourt club, Rivers State.
He explained that for sports administrators to get it right, grassroots development is key. “They should be organising competition at the grassroots level to fish out the young ones for different sporting activities.
“Grassroots sports is very important so the administrators have to go back to the grassroots.
” Sports Development in Nigeria is going down we need to go back to the basics.
“Look at the just concluded Paris Olympics, Nigeria did not win any medal.
” Our football team did not even qualify for the Olympics. We are going down.
” If they should go back to the grassroots, they will get young ones in the games and talents will be developed.
” I started from school games, to youth games before playing for the national team. Now everybody wants to fly board to play professional football and a lot do not know the basics of the game.
” A lot of people did not know the little things about the game, they just want to play. It is not done so,” Waobikeze stated.
Kiadum Edookor