Ciaran Morrison

Sun 26 April 2026 20:30, UK

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Chelsea’s ongoing turmoil on and off the pitch is not expected to be resolved in the near future.

That is according to ex-Everton, Aston Villa, and Aberdeen chief executive Keith Wyness, speaking to Football Insider, who believes Chelsea’s fanbase should be “very concerned” at what is happening at Stamford Bridge.

There is rising tension between the fans and the ownership, but Chelsea’s financial situation means BlueCo could struggle to sell the club.

The decision to sack Liam Rosenior after 107 days has caused more uncertainty over the direction of the club under the American consortium.

Chelsea could be left with no Champions League revenue next season, whilst player trading is set to be important for the club to improve their financial position this summer.

‘Chelsea have become a private equity experiment under BlueCo’

Everton’s former chief Keith Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – believes the club are already taking steps behind-the-scenes to increase turnover.

Speaking on the new edition of Football Insider‘s Inside Track podcast, Wyness states that the ownership would have to take a “very big dip in price” if they were to sell the club.

He told Football Insider‘s Inside Track podcast: “They’ve sold the women’s team stadium, so the women can now play all their games at Stamford Bridge, but the women’s team are going to have to pay rent.

“There’s all these little  manoeuvres that are being done. Meanwhile, apart from that, they haven’t done a front-of-shirt jersey deal. That’s something that they seem to have ignored because they thought they could wait to get the right price.

“Now they wish, I’m sure, that they’d accepted some deals and got it done. So to me, there’s been a dereliction of duty on the commercial front, a dereliction of duty in terms of the forward strategy.

“I think what’s going to happen is one of the two owners will buy each other out, and they’ll be left to try and resolve this going forward. But to me, they’re almost unbuyable unless they agree to take a very big dip in the price. Chelsea fans should be very concerned right now.

“This is not ending well. I know they are concerned. You can see, not only from the results on the pitch, but they are concerned from all the things in the media. The Chelsea fans are a very knowledgeable base, with some very well-connected fans there.

“They know that this is not the right solution right now and that Chelsea has become a private equity experiment rather than a football experiment. So, big red flashing lights over the blue of Chelsea.”

Chelsea target Germany boss to replace Liam Rosenior

Sources have told Football Insider that Chelsea are considering appointing Julian Nagelsmann as their next manager.

Chelsea will be joined by Manchester United in their pursuit of the 38-year-old, who will lead Germany at this summer’s World Cup.

Nagelsmann has experience at Bayern Munich, but whilst he is keen on the Man United job, the German has reservations about joining Chelsea in their current predicament.