Chelsea set to back financial fair play deal

Chelsea are set to back both a wage increase cap and a compromise financial fair play deal at today’s showdown meeting of all 20 Premier League chairmen.

The Blues had been viewed as being opposed to financial fair play (FFP) but it is understood they will agree to a system that obliges clubs to break even but allows owners to cover some losses.

Insiders at Stamford Bridge insist they have never been opposed to a compromise agreement, and that position should now ensure that both spending control systems are agreed today.