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Chelsea set for £119m summer transfer window windfall amid Enzo Maresca plans

Conor Gallagher and Cole Palmer will represent England at Euro 2024
-Credit: (Image: Visionhaus/Getty Images)


Chelsea could be set for a nice windfall ahead of new manager Enzo Maresca's first summer transfer window after this year's 2024 UEFA European Championships which kicks-off next week in Germany.

The Blues have seen five of their stars selected for the tournament by their respective nations, with Cole Palmer and Conor Gallagher announced earlier this week as part of Gareth Southgate's 26-man England squad. Mykhailo Mudryk was selected by Ukraine whilst defender Marc Cucurella and goalkeeper Djorde Petrovic received call-ups from Spain and Serbia respectively.

Because of this, Maresca's side will receive a slice of the revenue generated by the tournament from UEFA under what is known as the Club Benefits Programme. It's a scheme that has run during each major tournament since since the 2018 World Cup and acts as compensation for clubs that have their players elected during the summer.

UEFA have already confirmed that the distribution system is unlikely to be very different to what it was during Euro 2020, meaning we can already get a good guess as to how much each club is likely to receive. Final details have yet to be confirmed, other than an announcement that the total amount paid to clubs for the finals would rise from €130m (£110m) to €140m (£119m).

The money each club will receive is paid as a fixed amount per player per day, with payments beginning 10 days before a team’s first match at the finals and going on up until a day after they are eliminated. At Euro 2020, a Category 1 club likes Chelsea received €8,700 (£7,400) per player per day.

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It means that with five players in the Group Stage of the tournament, the Blues will receive between £850,000 and £1.5 million but could find themselves receiving more if those stars go further on into the tournament. For that to happen, England and Serbia would both need to get into the knockout stages, whilst Ukraine would have to finish either first or second in Group E as they sit with Belgium, Slovakia and Romania.

Spain are another of the pre-tournament favourites to go all the way and lift the trophy and they'd only have to finish at the top or as runners-up of Group B but their group has Italy, Albania and Croatia in what could be a very difficult first three matches for them.

Following the 2022 World Cup in Qatar, which took place mid-season during the winter, the Blues earnt £2.5 million after they had 12 players involved in the competition, but are set to receive a sum far less than that due to the smaller amount of players heading to Germany this time around. Still, any extra cash they can bring in will make the 44-year-old Chelsea boss' life a bit easier as he begins to plan out what is sure to be a busy period of business at Stamford Bridge.