Chelsea have reportedly made a shock U-turn on the move to sign Victor Osimhen in the summer MySportDab reports.
The London club had plot a move for Victor Osimhen in the summer to beef up the Blues’ rusty attack.
Chelsea have spent over £600m in transfer under new owner Todd Boehly but have struggled in front of goals due to lack of finishers.
The Blues joined the race to sign the highly-rated Nigeria international to bolster the squad ahead next season’s campaign.
Now, according to Football Insider, Chelsea are are set to drop out of the race to sign Victor Osimhen.
The reports says the Blues’ are considering the shock U-turn due to the exigent demand of aligning themselves to Financial Fair Play Rules to avoid sanctions.
Todd Boehly’s £600m spending since taking over the club has limited the club’s freedom in the transfer market in the summer.
According to reports, Chelsea are more likely to clash with Financial Fair Play Rules if they continue on their wild spending as last summer, especially on high-value and big name signings like Victor Osimhen.
According to Daily Mail, Napoli wants £150m for Victor Osimhen who is still tied to a remaining two-year contract with the club.
If Chelsea foot the £150m demand by Napoli for Osimhen, they are likely to collide with Financial Fair Play Rules which may attract hefty penalty.
With no Champions League football next season, Chelsea’s freedom in the transfer market will further be squeezed hence the plot to back out of the Osimhen deal.
However, sources close to the club have maintained the move to stay off the race by the club is a temporary measure to reset the club’s financial goals to align with FFP Rules.
The Blues are planning a summer overhaul that will see some top names laid off the club’s payroll and others sold.
If the financial situation improves after the overhaul, the club can then return to the race to sign Victor Osimhen.
Manchester United are interested in Victor Osimhen, with the Red Devils reportedly ready to splash over £100m for the Serie A top scorer.