Release 4 players and save £18 million pounds
Its simple, its not a rocket science...
After Chelsea announced that they will be releasing Joe Cole, Ballcak and Belletti from their services after the expiry of their contracts (Deco is also supposed to go), club will be saving £18 million pounds in the form of wage bill...
Here is how -----
Cole's £90,000-a-week salary totalled £4.6million while Ballack's £130,000-a-week came to around nearly £7million.Deco, now set to return to his native Brazil with Fluminese, pulled in £5million a year with his £96,000-a-week earnings while Beletti was on £65,000-a-week, around £2.5million.
Right now as club hasn't signed any new player these figures are really good to save but it is expected that it will dropped to around 10 million pound after Chelsea sign two-three new players and give contract extensions to likes of Anelka.. but still 10 million saving will be huge saving.
This proves that club is seriously considering to reduce its wage bill and trying to achieve break-even as soon as possible. but lets hope that club will still perform the same without the services of these players then only we can say that it was bold but right decision to let go these star players.
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