Clubs selling academy players due to PSR rules, says Chelsea’s Maresca
Gallagher, who has been at Chelsea since the age of eight, has a contract until 2025, after which he could leave the club for nothing.
Published : Aug 06, 2024 16:58 IST , BENGALURU - 1 MIN READ
Chelsea’s Conor Gallagher. | Photo Credit: REUTERS
Chelsea manager Enzo Maresca said Premier League clubs are selling academy players due to the league’s profit and sustainability rules (PSR).
Chelsea have sold a slew of players who came through its academy over the last couple of years, with midfielder Conor Gallagher the latest to be linked with an exit to Spanish side Atletico Madrid.
Gallagher, who has been at Chelsea since the age of eight, has a contract until 2025, after which he could leave the club for nothing.
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With the sale of a player developed in the academy able to be marked as pure profit on a club’s books, some Premier League sides have looked at homegrown players as a source of revenue to help them limit losses.
“But this is not Chelsea’s problem, this is a (Premier League) rules problem,” Maresca said ahead of their pre-season friendly with Real Madrid in North Carolina.
“These are the rules. For all the clubs at this moment, it is almost compulsory they are compelled to sell players from the academy because of the rules. It’s not only us, it’s all the clubs.”
Chelsea will host Manchester City in their Premier League opener on Aug. 18.