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Chelsea to cut players’ salaries after Champions League exit

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Chelsea’s failure to qualify for next season’s UEFA Champions League will see the club cut players’ wages.

The Blues were eliminated from this season’s competition by Real Madrid on Tuesday night.

Placed 11th on the English Premier League at the moment, Chelsea are unlikely to finish among the top four, meaning that the two-time winners will not feature in Europe’s top elite club tournament for the 2023/2024 campaign.

Following their takeover last year, co- owners Todd Boehly and Clearlake Capital implemented a bonus structure to player contracts linked to Champions Leagu qualification.

The clauses would see their salaries fluctuate depending on whether they were playing in the competition.

It was a significant change from the ownership era of Roman Abramovich, who only rewarded players for winning trophies.

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