Chelsea tried their best to sign a defender throughout the last summer transfer window and their main target was Sevilla's Jules Koundé but every effort made by the Blues to sign him were rejected by his club.
Marina Granovskaia and her team of negotiators had already agreed personal terms with the player and all that remained for the transfer to happen was the consent of the Sevilla hierarchy, however, the Spanish club elected to reject Chelsea's bid of 50 million EUROS (42.5 million pounds) and keep the player against his own wish.
In a recent interview with the Spanish media, Sevilla president Jose Castro has revealed that the club were in a difficult financial situation following the effects of the Covid-19 pandemic, and that Chelsea's 50 million euros offer would have solved their financial deficit. He also revealed that the reason for their decision to turn down the bid and retain the player was for their "ambition" to challenge at the top.
He told Diario de Sevilla: “We are the second team with the highest salary cap capacity. Nobody can escape the fact we are coming out of a pandemic and this year there was no choice but to give a negative financial result.
“There has been no income from season tickets, match tickets or bars. Marketing and television revenues have suffered.
“Even so, with Chelsea's offer of €50million, the deficit was wiped out. That speaks of the strength of the club. I don't know how many teams in Spain would say 'no' to Chelsea's €50m and maintain this deficit, considering that the squad is worth €400m [£340m].
“The deficit comes from the pandemic, but also from choosing to build a stronger squad rather than sell in the last two markets. That's called ambition and sometimes to have ambition you have to have a deficit. It's OK.” [quotes via Daily Mail]
Sevilla's president believes that his decision was the correct one but in my opinion, he and all the people involved made the wrong decision here. They could have simply cashed in on Jules Koundé and used his transfer fee to balance their books and solve their financial crisis.
There is no doubt that Koundé is a top player who can help any top team in their trophy ambitions. He showed it recently by helping France to win the UEFA Nations League trophy.
However if we are being honest, Sevilla were never going to topple the 'big boys' in the Spanish top flight to win La Liga, nor were they ever going to challenge for the UEFA Champions League trophy.
Final take: By rejecting Chelsea's 50 million euros offer, they have succeeded in keeping an unhappy player in their squad while they are still faced with a financial deficit. In my opinion, Jose Castro (club president) has made a wrong move here which could hurt the club financially in the future.
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