Chelsea have embarked on a fire sale following their stunning spending spree, trimming their bloated squad in an effort to comply with financial regulations as they prepare for a new era under Mauricio Pochettino.

In their first year under the ownership of an American consortium, Chelsea spent more on transfer fees than any club has ever done in a 12-month period, only to finish 12th in the Premier League — their lowest placing since 1994.

The arrival of RB Leipzig forward Christopher Nkunku this week has added to the outlay of more than £500 million ($635 million).

But most of Chelsea’s business is focused on departures, with key players in the squad that won the Champions League just two years ago set to leave.

Read full story on sport.timesofmalta.com