Chelsea chairman Bruce Buck says they're drawing up plans to move forward without depending on the wealth of owner Roman Abramovich.

The Blues reported a £70million loss last year and chairman Bruce Buck admits they face a tough period trying to meet Financial Fair Play rules that could see teams thrown out of the Champions League from 2014.

"Even before [financial fair play] we were of the view we couldn't rely on Mr Abramovich for ever," said Buck. "We had to figure out a way over the medium term to stand on our own two feet. Maybe financial fair play is making us do that a little bit quicker.

"An academy costs maybe £5m a year to run, so if you can get maybe one player every year or 18 months into the first team, look at the transfer fees you've saved. The economics are pretty clear. Implementing it is much more difficult."