the Chelsea News
·11 November 2025
“I can tell you” – Financial adviser claims that Chelsea’s “wage bill is very high”

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Yahoo sportsthe Chelsea News
·11 November 2025

The former Financial Adviser for Manchester City has claimed that Chelsea’s wage bill is actually very high right now.
We’ve heard a lot about Chelsea’s way of operating and how they get their players on low base contracts but give them chances to earn larger incentives based on performances, trophies won, and success on the pitch.
The difficult thing about this is it becomes impossible to actually know how much these players end up taking home week after week, I guess only the club and the players will know this. It certainly does not end up becoming public knowledge, at least it hasn’t done so far.
But Stefan Borson, who is the Financial Adviser in question here, believes that Chelsea actually do have a very high wage bill right now.

Paul Winstanley and Laurence Stewart with Behdad Eghbali.
Speaking exclusively to Football Insider, Borson said: “It’s my favourite subject this one. We hear a lot about Chelsea being unique in their approach, where they have highly incentivised contracts.
“I can tell you every single football club, including those in League Two, have highly incentivised contracts. It is a perfectly typical way of doing things.
“And in any event, if Chelsea have highly incentivised contracts, well, they’re currently paying very high wages because the club won the Club World Cup, qualified for the Champions League and has had a level of success, which would have then triggered all of these incentivisations that people said is so unique. I think you’ll find that the wage bill is very high.”
Borson goes on to speak about Moises Caicedo and what he is being paid:
“I think the idea that Caicedo signed for Chelsea in a competitive situation for £115m and was paid a wage anything other than at the very high end of Premier League wages is completely unbelievable,” said Borson.
“I think he’s very well paid right now and maybe better paid because he’s performing very well in a highly successful team right now.
“He may well get an increase, but he’s already on a lot of money, and it’s really as simple as that.”









































