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Chelsea Call Off Washington Transfer Due to Scrutiny Concerns

Chelsea’s plans to transfer forward Deivid Washington to their sister club Strasbourg have been abruptly canceled due to concerns raised by the Premier League and FIFA. Sources indicate that the English club made this last-minute decision after everything seemed set for the 19-year-old Brazilian’s move.

Initially, an agreement had been reached for Washington to join Strasbourg for an initial fee of €21 million (approximately $23.2 million), with potential bonuses of up to €3 million. The player, who had previously joined Chelsea last summer for €16 million, had only managed to make three appearances for the club’s first team before this transfer opportunity arose.

Washington was prepared to undergo a medical examination in London prior to his trip to France when Chelsea abruptly intervened to halt the transfer. The concerns stemmed from the relationship between the two clubs, both owned by the same group, BlueCo. This situation is not isolated; it follows FIFA and Premier League scrutiny over another transaction this summer, which saw Diego Moreira move from Chelsea to Strasbourg for €9 million. That transfer is also under review by the governing bodies.

Despite Chelsea’s requirement to generate €20 million in revenue, the move to transfer Washington faced skepticism from Strasbourg, which was not actively searching for a forward and had reservations about acquiring Washington as their record signing.

Ultimately, Chelsea opted to abort the deal, leaving Washington as part of head coach Enzo Maresca’s squad at least until January 2025. The decision highlights the complexities involved when clubs under the same ownership structure attempt to navigate player transfers.

BlueCo, which became the majority shareholder of Strasbourg last year, is a consortium co-led by Clearlake Capital and Todd Boehly. The intertwining of club interests through ownership can complicate player movement and financial dealings, prompting closer scrutiny from regulatory bodies.

As the January transfer window approaches, Chelsea will need to reevaluate its strategy, particularly concerning player acquisitions and disposals. Additionally, they will need to address the ongoing scrutiny from leagues and regulatory groups concerning their financial operations.

The situation underscores the evolving landscape of football transfers, where ownership affiliations can impact decisions and negotiations significantly. As clubs seek to balance their financial objectives with regulatory compliance, the transfer of players is becoming increasingly complex.

For now, Chelsea must reassess its assets and plan ahead as they navigate the challenges of the current football climate without Washington’s anticipated move to Strasbourg.

Source: ESPN