Chelsea’s contract talks with Conor Gallagher have reportedly ‘completely stalled’ following the club’s recent financial update.
Recently announcing they have suffered losses worth just over £90 million between 2022-23 and over £120 million the year before, Chelsea must balance their books or risk facing Financial Fair Play (FFP) punishment (The Athletic).
The Premier League’s rules on finances state that clubs in the top flight can lose a maximum of £105 million over three years before facing the possibility of a points deduction — a punishment Everton received earlier this year.
Consequently, in need of quick profit, the Blues are expected to cash in on academy talent in the summer with midfielder Conor Gallagher arguably the club’s most valuable home-grown asset.
However, after playing a vital role for Mauricio Pochettino this season, Gallagher, 24, is viewed as one of the side’s most important players, so selling him would not only frustrate fans but would also run the risk of unsettling the dressing room.
Conor Gallagher Chelsea contract talks stall
Understandably taking a cautious approach to the 24-year-old’s future, Chelsea have so far been unable to assure the midfielder he has a future in blue, and with less than 18 months left on his deal, this summer will make or break the midfielder’s Stamford Bridge career.
And according to a recent report from Football Insider, in line with the uncertainty surrounding the playmaker, talks over a renewed deal have ‘completley stalled’. The club’s financial issues mean they cannot meet the former Crystal Palace loanee’s demands.
Given this development, as well as their need to recoup funds, Chelsea could now offload the 24-year-old before 30th June so his fee can be included in this year’s financial accounts.
Tottenham Hotspur have been long-time admirers of Gallagher and are expected to make a summer approach.
Since being promoted to Chelsea’s first team in 2022, Gallagher, who has represented England on 11 occasions, has scored seven goals and registered seven assists in 81 games in all competitions.
If Todd and the Brighton carnie directors had not spent over 200 million and $425,000 a week on Enzo and Caicedo who have done f-all, FFP would not be an issue in keeping our best midfielder
Strange situation, forgetting the Tottenham/Chelsea animosity for a moment, the lad’s heart seems to be firmly on playing for Chelsea so IF he was let go and Tottenham signed him would he be 100% committed on the pitch. No doubt he’s a good player but as a Spurs supporter that would concern me.
The word is he is off to Fulham before end June as CFC will not sell to Spurs. Fulham will be forced to sell João Palhinha for £50-57M and with a year to go on his contract Gallagher is only worth about £35-40M max. If he had several years left on his contract he would be worth £60M+ so great buy for Fulham.