Chelsea in interviews with UEFA for the settlement after violation of the rule
Chelsea is in negotiations with UEFA for a financial agreement after violating the spending limits of the European government body.
UEFA will not include Chelsea income generated by the sale of her women’s team to an affiliate – Blueco 22 Midco Ltd – for £ 200 million in their evaluation calculations.
Unlike the Premier League, UEFA does not allow the sale of tangible goods to customary companies to count for the rules of their financial fair play (FFP).
This means that the two hotels Copthorne and the Millennium-Chelsea were sold in Blueco 22 Properties Ltd, another subsidiary company, for £ 76.5 million in 2022-23 and the sale of the women’s team in 2023-24, will not be recorded by UEFA.
For 2023-24, UEFA has evaluated the last two seasons, allowing clubs a maximum loss of 80 million euros. Deducting the sales of activities from the calculation of Chelsea leaves them a loss of £ 237 million in that period of two years, although that figure will be reduced when the permitted costs are deducted.
The most probable result from the Chelsea dialogue with UEFA is that it will be required to pay a financial sanction.
An official announcement is scheduled in the coming months with the Sunday Times, Who revealed the discussions for the first timereporting that it could arrive as soon as May.
UEFA refused to comment when it was approached by Atletico.
The sources of Chelsea, speaking on condition of anonymity as they were not authorized to do it publicly, also refused to comment but confirmed that the club is under discussion with UEFA.
They also noticed that the co -owners of the club, Clearlake Capital and Todd Boehly, are relaxed on their position and are eager to maintain a positive relationship with the government organ.
In September 2022, UEFA accused eight clubs of not respecting the FFP rules, including the samples of the Ligue 1 Paris Saint-Germain, who were sanctioned with a fine of 10 million euros after not remaining within the expense limits.
At the same time, the PSG was affected by a financial sanction, the Club financial control body (CFCB) First Chamber, an independent panel within UEFA in charge of monitoring FFP, announced that Chelsea, together with multiple clubs in competition in Europe in 2021-22, would have been “monitored up close”.
The Manchester United of the Premier League was fined € 300k in July 2023 for a “minor” violation of the FFP rules.
Additional reports: Chris Weatherspoon
(Photo by Moses Caicedo: Darren Walsh/Chelsea FC via Getty Images)
