Chelsea chief executive Ron Gourlay has said that they will be able to comply with UEFA's Financial Fair Play (FFP) regulations.

There have been doubts whether the European champions will fit the criteria set by UEFA given their high wage bill and transfer activities.

"From Chelsea's point of view, we have been working very hard to comply with FFP criteria," Gourlay told Chelsea's official website.

"We are still very much in favour of rules promoting financial stability in clubs and protecting the long-term future of football across Europe.

"We did have and still do have concerns about the fairness of rules across the whole of Europe because we think that is going to be very difficult."

Gourlay then explained how Chelsea have been taking steps to comply with the FFP rules.

"We have been very active commercially as we strive to meet the obligations of FFP," he said. "We added several new global partners to our portfolio over the summer and we have been exploring naming rights.

"These are part of ensuring we can balance the relevant football income with the relevant football expenses.

"We have geared ourselves up for the financial regulatory structure now in place in Europe, and would like to think that we could develop an appropriate set of financial stability regulations to apply to all Premier League clubs."

The FFP rules came into effect this season.

Written by
Subhankar Mondal