Premier League chief executive Richard Masters will reserve judgement on Chelsea's spending until seeing what they do in subsequent transfer windows.
After a busy first window following the May 2022 takeover by Todd Boehly and Clearlake Capital, Chelsea went even further in January, signing eight players for an approximate total of £300million, including a Premier League record £106.8m on Enzo Fernandez from Benfica.
Speaking at the Financial Times Business of Football Summit, Masters was asked about the Blues' spending, and was not in the mood to pass judgement.
"I'm not here to defend [them]," he said. "The new owners have owned the club for less than a year, they've had two transfer windows, and you need to judge the football club after three or four years.
"They might have bought, they would argue probably... a different transfer policy to the previous regime, buying younger players and [signing them to] longer contracts at low wages. And obviously, within our rules, it's a test that is over a 12-month period.
"So the question is whether they're going to sell some of their existing players in the next window. And I don't know the answer to that question. I'm not here to defend them, but you have to judge these things over a period of time."
Masters also spoke about the UK government's recent white paper on reforming football governance, outlining a plan to introduce an independent regulator for clubs in the English football pyramid.
"It is a significant moment for English football, things are going to change," Masters said. "The review process has concluded, the white paper is finally out and we're all getting the opportunity to reflect upon it.
"I think from the Premier League's perspective, we've always accepted that there needs to be stronger regulations, more independently enforced, and the white paper offers to deliver that... we would like to protect everything that's great about English football, including the Premier League, but sit on the top and make sure that the system doesn't run too hot.
"It's dealing with football [through] sustainability, ownership, and fan interests. And who can argue with those three objectives?
"Our concerns would be clear; it's an independent regulator with a lowercase i, it reports to politicians, and can be instructed by politicians. And so we would be worried that over time, football might become the ultimate political football.
"... I think the league should continue to write its own rules and continue to govern itself, and the regulator hopefully will only step in as and when necessary, when regulation is seen not to be performing, or the clubs are financially overheating to the point where the regulator needs to step in."
Masters was also asked about recent comments from Crystal Palace manager Patrick Vieira on the lack of black coaches in the Premier League.
"There's always more that we can do... Patrick is right," Masters said. "If you look at the diversity on the pitch, and it's not just in the Premier League, it's throughout the academy system, it is incredibly diverse, but that isn't translating into opportunities for people from ethnic backgrounds, not just in coaching but in other employment pathways as well.
"We have a number of schemes in place at the moment. Player-to-coach pathways, player-to-executive pathways. We launched this last year. We have seven ex-Premier League players and WSL players who are participating in that.
"So Patrick is accurate to say there's an issue and to raise the point and to put pressure on football authorities to do more, and we'll always look at that."
Marco Silva hails ‘quality’ of Chelsea duo Moises Caicedo and Enzo Fernandez
Fulham boss Marco Silva talked up “quality” Chelsea midfield pair Moises Caicedo and Enzo Fernandez ahead of the west London derby at Craven Cottage.
Chelsea broke the British transfer record twice this year, signing Fernandez from Benfica for a reported £106.8million in January before beating Liverpool to confirm the transfer of Caicedo from Brighton for £115m in August.
Silva spoke on how the pair’s price-tags reflect their ability and expects them to bring the fight to Harrison Reed and Joao Palhinha on Monday.
“Enzo joined in January and Caicedo in the summer as well,” Silva said. “They’re quality. We are talking about two players they almost spent £250 million on.
“This speaks about the quality and about how much they wanted them in their squad.
“Plus (Conor) Gallagher in the midfield, they have the quality, the energy, they have the organisation to create a very good fight with our midfield line and I think it will be a very good fight because they have that quality.”
Alex Iwobi’s second-half strike during Wednesday’s Carabao Cup third round 2-1 victory over Norwich was his first Fulham goal since his reported £22million move from Everton on deadline day.
Silva, who also signed Iwobi as Everton manager in 2019, spoke on the Nigeria international’s versatility and what he offers to his squad.
“It was very good (Iwobi’s performance against Norwich),” Silva added.
“He’s a player I know really well, he knows the Premier League so well and he’s mature. He has the quality, can play in many different positions and is a player that will give us the quality that we need in certain parts of the game.
“He provides that extra energy as well. It was good for him to score on his first game in a Fulham shirt and I want to see more of him.
“He’s going to be a really important player for us and I am pleased for him for starting his first game.”
From Chelsea’s starting XI during their 2-1 loss at Fulham in January, Thiago Silva and Trevoh Chalobah are the only remaining players at the club.
Silva said: “They are different and we are different as well. I think the game is going to be completely different. We can have a look for some things, but it will be different. They have a different manager.”
Sheffield Wednesday hit a new low as Sunderland ease to victory at Hillsborough
Sheffield Wednesday have now made the joint-worst start after nine games in Championship history after Sunderland beat them 3-0 at Hillsborough on Friday night.
A Dan Ballard header and two Jack Clarke goals, one a penalty, had the Black Cats in cruise control before half-time.
Wednesday are a club in disarray off the field, with chairman Dejphon Chansiri releasing a statement earlier in the day stating he would be putting no additional money into the club.
Owls boss Xisco Munoz made two changes to the team that lost 3-0 at Swansea, with George Byers and Callum Paterson joining the starting XI.
Sunderland manager Tony Mowbray made just the one switch after the 1-0 defeat at home to Cardiff, with Patrick Roberts coming in for Abdoullah Ba.
The first two chances of the game brought goals for the away side.
First, Ballard rose highest to meet Alex Pritchard’s corner after five minutes and just three minutes later Sunderland doubled their advantage when Clarke drove towards goal from the left and arrowed a beauty into the bottom corner.
On-loan Wednesday man John Buckley had a go from outside the box but his effort was put past the post by goalkeeper Anthony Patterson, then Anthony Musaba chanced his arm moments later but saw his curling attempt fly over the bar.
The third goal came in the 31st minute after Bambo Diaby brought down Mason Burstow in the box. Clarke stepped up to send Devis Vasquez the wrong way – it was the Championship top scorer’s second of the night and seventh of the season, six of them coming away from the Stadium of Light.
Home fans who had not already headed for the exits chanted for both manager and chairman to leave the club.
In the second half, Pol Valentin made a mazy run down the right-hand side and his cross found Paterson, who saw his shot saved by keeper Patterson.
Jobe Bellingham nearly made it four but his effort from distance went just wide.
Despite bringing on forwards Ashley Fletcher and Djeidi Gassama in the closing stages, Sunderland comfortably dealt with the majority of Wednesday’s attacks for the remainder of the game, having done the damage in the first 30 minutes.
The result lifts the Wearsiders to fourth ahead of Saturday’s fixtures, while Wednesday remain bottom, with just two points from their opening nine games.
Five-star Hamilton too hot for Annan
Hamilton thumped Annan 5-0 to continue their push for an immediate return to the Scottish Championship.
Accies have now won seven of their eight League One matches and needed only two minutes to make the breakthrough here, Jamie Barjonas running on from midfield and firing in a shot from the edge of the box.
It took until three minutes into the second half for Hamilton to score their second, Reghan Tumilty netting from a corner, and 10 minutes later Euan Henderson smashed in a third.
It was all too easy for the hosts, and they scored twice more through Connor Murray and Joe McGlynn, while Michael Hewitt was denied a sixth by the post.
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