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Simon Jordan believes Antonio Rudiger is joining Real Madrid this summer because he is 'greedy'.
Chelsea defender Rudiger has reportedly agreed terms with the Spanish giants ahead of a free transfer when his contract expires.
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It's believed he'll earn over £200,000-per-week as a Los Blancos player and Jordan criticised the player on talkSPORT.
The former Crystal Palace chairman asked: "Have a look at some these conditions. I mean have you seen the conditions these people want?"
"200 grand a week, which by the way is outrageous amounts of money. He wants a £10 million sign on…
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"Are you reading this? His ghastly wretched agent wants 10 million quid.
"I mean this is madness! Greed… it's absolute greed. He's going to Real Madrid because he's greedy!
"End of discussion. Good riddance!"
Financial sanctions were imposed on Chelsea and current owner Roman Abramovich earlier this year and they're currently unable to sign players to new contracts.
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Rudiger and his agent were looking for a hefty signing-on fee which the Blues wouldn't be able to offer.
The Germany international joined Chelsea from Roma in 2017 and is a fan favourite at Stamford Bridge.
Manager Thomas Tuchel confirmed Rudiger would be leaving the club following Sunday's 1-0 win over West Ham United.
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"He informed me some days ago in a personal talk," Tuchel told Sky Sports. "We gave everything and now we enter a situation where we can't fight any more because of the sanctions and now Toni will leave.
"Our hands are tied. I don't know what would have been the outcome [without the sanctions]. That's his decision. It's not a nice one for us but we don't take it personally.
"He is a key figure and will stay a key figure for us. We will miss him a lot. He is a guy who gives people courage, who people are a bit afraid of.
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"He plays 55 games a season for 90 minutes at an outstanding level.
"He was the top defender in the past one and a half years with me and I have nothing but respect for him."
The 29-year-old has missed Chelsea's last two games with a groin injury.
Chelsea are also set to lose Andreas Christensen on a free this summer, with Barcelona interested in his signature.
Topics: Antonio Rudiger, Chelsea, Real Madrid
Daniel Marland