Why Conor Gallagher Chelsea transfer can be completed 'quickly' as Tottenham reality explained

Chelsea and England midfielder Conor Gallagher
-Credit: (Image: Sebastian Frej/MB Media/Getty Images)

Conor Gallagher will be able to have talks over his future and a possible summer transfer during the next month as England embark on their Euro 2024 campaign. Chelsea are once again open to the sale of Gallagher, understands, with Tottenham among the teams interested in buying him.

Due to Chelsea's financial position, it had been thought that they would need to sell players before the June 30 cut-off date in order to bank any transfer fees in the 2023/24 profitability and sustainability year, but that is not the case. The club are adamant that they will be compliant with PSR rules for this period, but there is less certainty over the coming years.

Chelsea only remained compliant in 2022/23 thanks to the sales of club hotels, in effect to themselves and owners Todd Boehly-Clearlake Capital, for over £75million. Player transfers, specifically those who have come from the academy with no amortized fee, are the quickest way towards booking profit on the accounts.

With only 12 months left on his current contract and no progress yet made towards extending his deal at Stamford Bridge, Gallagher is someone that the club are happy to sell. Now, with England manager Gareth Southgate explaining that players in his 26-man squad for the upcoming European Championships are free to go ahead with talks over their future, Gallagher is in the spotlight again.

"Look, I’ve never banned players from having [transfer] discussions," the England boss said after his side lost 1-0 to Iceland at Wembley in the final friendly before the tournament. "It’s a fact of life, even if transfers don’t complete, talks are ongoing, normally across the summer with players, I’m always there for them if they want to bounce things off.

“I’m always saying to them, don’t get het up about things. Things will take their natural course. We are in a world where there might have to be deals done quickly, who knows but we’re comfortable with dealing with all those things."

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Gallagher himself is happy at Chelsea, who he and his family support. He will be available to leave the club for free in 12 months time if no fresh contract is agreed though, hence the plan to try and recoup funds now rather than risk letting him go.

Chelsea had not deemed Gallagher a player essentially worth tying down to a new contract since the Boehly-Clearlake takeover in the summer of 2022, which explains why he was not offered a long-term deal like Armando Broja and Trevoh Chalobah in their first summer in charge. His impressive 2023/24 campaign has shifted that, though, with Gallagher playing all but one of Chelsea's games across the entire season, and even that he was suspended for.

Gallagher last signed an extension in 2020 following his six-month spell at Swansea in the Championship. That came in the same season he had made his first steps into senior football away at Charlton.

In 2022 Chelsea rejected an offer from Crystal Palace after he made an immediate impact during his temporary stay there. In January of that season, his first in the Chelsea setup as a squad player, Everton also made an offer.

The Blues were then open to selling him throughout 2023 as he entered the last two years of his contract, where Tottenham and West Ham made their interest known. Now he is more important than ever but still faces an exit, one made easier by Southgate's leniency towards transfer activity in his camp.