The new Chelsea owner praises the role of fair rules play financial

Todd Boley, the new owner of the club English Premier League Chelsea, said the rules of fair play financial policies applied by the European Football Association (Uefa) are starting to obtain positive results and that i club were afraid to sign players for “at any cost” for fear of being penalized. Chelsea’s ownership was transferred to a consortium led by Todd Boley and Clearlake Capital last May after former Russian owner Roman Abramovich put in Chelsea for sale in following the Russian invasion of Ukraine, which Moscow considers a “special military operation”. Abramovich bought Chelsea in 2003 and his investments led to the most successful period in the history of the club, winning five Premier League, FA Cup and Champions League titles twice. “The rules of fair play financial are starting to have an impact and this will limit player contracts at any cost, ”Polly said in a financial conference in Berlin. “UEFA is taking this issue seriously and will continue to take it seriously,” added Poli. This means fines and exclusion from sports competitions “. (Reuters)