Reuters
Chelsea not looking to spend in January, says Kenyon
Chelsea are unlikely to bolster their squad in the January transfer window, chief executive Peter Kenyon said yesterday.
"It's not high on the agenda," Peter Kenyon told the International Football Arena at FIFA headquarters when asked if coach Luiz Felipe Scolari would be allowed to buy players.
"We have an agreed squad size of 24. We had that squad size at the beginning of the year. January is a notoriously bad time to buy players," Kenyon said.
Chelsea, owned by Russian oligarch Roman Abramovich, have reviewed their cost base as it seeks to remain on track to meet its target of becoming profitable by the 2010/2011 season, Kenyon said.
"I think that's good management and prudent in these conditions," he said in a podium interview about the effect of the global financial crisis on football.
Chelsea top the Premier League standings on goal difference from Liverpool after 12 games.
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Anthony Calleja
Nov 11th 2008, 09:57
Our Chelsea are already the best team in the world with the best players in the world so unless the player available is top class we do not need to sign him and in January very little if any top class players are available. Our Chelsea have been very unlucky with injuries but signing stop gap players has rarely or never proved advantageous.