Chelsea face the very real possibility of a bigger points deduction than Nottingham Forest and Everton next season.
This is according to football finance expert Stefan Borson, who joined talkSPORT's White and Jordan show on Tuesday to discuss the Blues' spending.
Premier League rivals Nottingham Forest and Everton have been docked points this season, losing four and six respectively, after the Toffees' tally was recently reduced from 10.
Both clubs were sanctioned for violating profitability and sustainability standards (PSR), which plunged them both into further danger of relegation.
Meanwhile, Chelsea have spent more than £1 billion on new signings since then. Todd Boehly and Clearlake Capital took over in May 2022.
To comply with the PSR, Premier League clubs cannot lose more than £105 million over a three-year period.
With Chelsea failing to qualify for Europe last season and struggling to do so again this season, Borson admits the Blues face a huge task to avoid punishment, considering their current record.
He said: “There was an assumption with bricklayer assemblybecause it was announced on manchester unitedfrom the website on July 1 that (its sale) had been put into this current season.
“So the £55m profit was in this season. Now it turns out Mason Mount appears to have been done in 2022/23 and that's how they did it (FFP rules).”
Simon Jordan He then added: “Which means they now have a £55m bigger hole this season.”
“Correct,” Borson said. “Because we also know from the BlueCo accounts that are currently there, from post-balance sheet events, that there is around £48m in profits for this year.”
However, that doesn't mean Chelsea are out of the woods when it comes to the PSR, and their only solution might be sell academy graduates which will be recorded as pure profit on the books.
“But of course this year from an operational perspective is going to be even worse than last year because they don't have the Champions League or Europe.” Borson said.
Asked how Chelsea are dealing with this, Borson replied: “Really, they have to find buyers for Trevoh Chalobah for £20m, Armando Broja for £40m and Conor Gallagher for 50 million pounds.
“It's those types of deals that need to be done. And, by the way, they all need to be done by June 30. That, as we know, is articulated in Forest's decision.
“There is a whole conversation about how difficult it is to sell players in the period before June. The Premier League suggested it was more or less impossible.”
As a result, Jordan sees nothing other than a football sanction directed at Chelsea.
The former Crystal Palace chairman said: “What Stefan is basically saying in the briefest of terms is that it is absolutely inconceivable that in December next year Chelsea will not face a charge from the Premier League for breaching Financial Fair Play, unless there is a complete radical change in the rules or a complete change of paddle from that perspective.
“If you look at Chelsea's numbers, unless they are going to sell £200m worth of players, which you think are less likely to sell players, then Chelsea will be in the situation.” “Nottingham Forest and Everton will be around this time next year.”
When asked by host Jim White if that was fair, Borson went even further and suggested Chelsea would face a more serious penalty than Everton and Forest.
“Yes. Well, possibly more serious,” he replied.
“I think the magnitude of the losses they are currently predicting, to me, appear to be much higher than Everton and Nottingham Forest.”