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Thursday, July 11, 2024

Football Transfer: Chelsea Loses Osimhen Transfer Bid as Striker Accepts €13m Deal

Chelsea's financial limitations and the pressing need to adhere to the Premier League's Profit & Sustainability Regulations (PSR) led them to withdraw from the race.

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Napoli’s Victor Osimhen is on the verge of a €120 million (£103m/$129m) move to Paris Saint-Germain, dealing a blow to Chelsea’s transfer ambitions.

Numerous top European clubs had their sights set on the Super Eagles striker for this summer’s transfer window.

However, negotiations between Napoli and PSG, as reported by Italian outlet Il Mattino, are progressing swiftly.

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PSG is determined to outmaneuver competitors like Chelsea in securing Osimhen’s signature.

The French club intends to meet Osimhen’s €120m release clause and offer him a four-year contract worth €13m (£11m/$14m) annually.

Chelsea’s financial limitations and the pressing need to adhere to the Premier League’s Profit & Sustainability Regulations (PSR) led them to withdraw from the race.

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