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Increase in transfer fees can lead to Wall Street Collapse: Jose Mourinho

English football club Chelsea manager Jose Mourinho believes the increasing rise in transfer fees could see a "Wall Street collapse" in the market this summer.

Increase in transfer fees can lead to Wall Street Collapse: Jose Mourinho

London: English football club Chelsea manager Jose Mourinho believes the increasing rise in transfer fees could see a "Wall Street collapse" in the market this summer.

Mourinho is understood to have no intention of splashing the cash as he is content with his current title-winning squad. But with the likes of Juventus midfielder Paul Pogba and Real Madrid winger Gareth Bale in doubt this summer, Mourinho believes his rivals can cause serious financial disruptions.

"The market is difficult. I can imagine that this summer will be like Wall Street collapsing. I can imagine that some clubs are coming with such determination to the market that they will disrupt the market and take it to an unexpected direction," Mourinho was quoted as saying by goal.com on Saturday.

“I expect to be busy walking from my towel on the sand to the water, swim a little bit and be back in the sun again. That's where I expect to be busy. I like my squad very, very much. It's a young squad with space to improve and I'm in a different position to last season. Then, I was keen for my club to sell some players. The base last year was to sell to buy. The base this season is to keep my squad.”

He added: "We are in a good situation. We have stability in our squad. We don't need dramatic changes. We have to be loyal to our players.”