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Joe Cole says there’s one thing the Chelsea owners simply don’t understand

Joe Cole has delivered a scathing assessment of Chelsea’s hierarchy, arguing that while their strategy of ultra-long-term contracts secures a player’s market value, it fails to account for Enzo Fernandez’s situation.

Enzo Fernandez was handed a two-match internal suspension following his comments, and there’s been no movement to reverse the decision ahead of the Manchester City clash.

Chelsea are determined to keep hold of Enzo Fernandez, despite him flirting with a move to Real Madrid in the summer and will try to hand him a new deal.

While the club has framed the ban as a necessary sanction to protect standards, Rosenior has stressed that the door remains open for Fernandez’s reintegration.

However, Joe Cole believes that we shouldn’t even be in this situation at Chelsea right now.

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Joe Cole slams the decision to suspend Enzo Fernandez

Joe Cole was talking on the Dressing Room podcast alongside Wayne Bridge and Carlton Cole, where he went into the situation involving Enzo Fernandez.

“You give them a long-term contract and it secures the value on the asset.

“But now you come to the where the rubber hits the road, where with Enzo, you got him for another four or five years.

“So he’s secured, but you’re going to have an unhappy player for four or five years. So this is where I think the ownership group they don’t have anyone in that in that group who has been a top player who understands the mindset, understands all the intricacies.

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“Yeah. And so when they’ve come to this place, they’ve all sat around and probably gone right, how do we deal with this, because this can’t go well. He can’t be saying he wants to leave every five minutes. So they’ve gone, “Right, we’re going to ban him for two games.” And one of the games is the Man City game.

“So I mean I mean, if they had someone in the room, you need to pre-empt this type of stuff because you can’t just be banning players for talking about if he wants to leave.”

Joe Cole is absolutely right

Joe Cole’s critique strikes at the heart of Chelsea’s asset-first philosophy, which prioritises everything over dressing room harmony.

While 2032 expiration dates protect market value and amortise costs, they create a dangerous power imbalance when a player’s ambition doesn’t line up with the club’s situation.

By effectively trapping a player like Enzo Fernandez, they risk having a squad of well-paid, long-term captives rather than a cohesive, committed team.

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