Both Chelsea and Newcastle United have faced a challenging season, with disappointing results on the pitch and financial losses off it. Despite underachieving, managers Mauricio Pochettino and Eddie Howe may retain their positions due to the financial constraints at their respective clubs.
Chelsea and Newcastle have reported significant financial losses of £90.1 million and £73.4 million, respectively. These financial struggles make it difficult for the clubs to make managerial changes, even if desired.
Chelsea, known for their high spending, have invested nearly £1 billion in new players since the new ownership took over in May 2022. Additionally, they have incurred substantial costs in compensating former managers and hiring replacements. Newcastle, under new ownership since October 2021, have also faced financial limitations despite spending £375 million on player recruitment.
Both clubs are operating with minimal financial flexibility, unable to afford the costs associated with dismissing a manager, hiring a successor, and investing in new players. UEFA and Premier League financial regulations further restrict their spending capabilities, emphasizing the need for financial prudence.
Despite their teams' poor performances this season, Pochettino and Howe are likely to see out the campaign due to the financial realities at Chelsea and Newcastle. The clubs' financial situations dictate decisions on player recruitment, managerial stability, and overall spending.
Pochettino's run to the Carabao Cup final and Howe's challenges with injuries and suspensions have provided some justification for their continued tenure. However, had the financial circumstances been different, both managers might have faced greater scrutiny and potential dismissal.
Ultimately, the financial constraints at Chelsea and Newcastle make retaining Pochettino and Howe the most viable option for the clubs' owners, highlighting the significant impact of financial considerations in modern football management.
