One of Chelsea’s directors on the current board has been speaking on a Podcast about five days ago, with some very interesting snippets to take from it.
Lord Daniel Finkelstein OBE is a director on the Chelsea board right now, and he has been speaking about the importance of football finances and more specifically, how people forget about the wages side of things.
It’s well known that one thing this new ownership group did when they arrived was reduce the wage bill at the club, which is crucial, and Finkelstein picked up on that, as you can hear in the full video below…
"When you read about transfers it's all about the fee. The crucial point that is missing is the wages. The finances at a club relates to the wages and not just how much you pay for a player."
— Simon Phillips (@siphillipssport) January 23, 2024
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