Chelsea closes in on Osimhen and reaches personal terms

Chelsea is closing in on Victor Osimhen after apparently reaching personal terms with the player despite concerns about violating the Premier League’s profit and sustainability regulations.

The Blues are looking for a clinical striker and would like to add Osimhen to help them attack more effectively.

According to Italian journalist Rudy Galetti, the Nigerian superstar has reportedly agreed to personal terms with Chelsea, with a move to Stamford Bridge planned for the upcoming summer transfer window.

Osimhen, who joined Italian champions Napoli from French Ligue team Lille for around €75 million, might now expect a fee of €120 million–€130 million based on his performance in Naples.

The arrival of Osimhen might significantly improve Chelsea’s attacking options, especially given the club’s recent troubles in front of goal despite considerable team spending last summer.

However, there are still concerns regarding Financial Fair Play restrictions and whether Chelsea may need to offload players before finalizing a deal for Osimhen.

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Chelsea will need to closely monitor its financial situation to solve these problems. The club is set to release its financial results for the 2022–23 season soon, with projections indicating that it would fall £37 million short of the profit and sustainability criteria.

While this suggests some financial stability, there are possible issues ahead, particularly during the 2023–24 season. As a result, Chelsea’s transfer activity prior to the end of the fiscal year in June may be influenced by its capacity to produce revenue from player sales.

Conor Gallagher has been repeatedly linked with a move away from Stamford Bridge, with teams including Tottenham Hotspur supposedly interested and a transfer value of up to £50 million suggested.

Selling academy graduates like Gallagher can drastically enhance Chelsea’s finances because they incur no transfer fees, resulting in pure profit for the club.

In addition to Gallagher, Chelsea may need to release two to three more players to sign Osimhen without risking its financial stability.

Techrectory with Agency Report.