Finance of Chelsea: Club confirms the interviews with UEFA on financial sustainability

Chelsea confirmed that it is in negotiations with UEFA for their financial sustainability following a potential violation of the rules of the financial game Fier of the Government Body.

The blues are in negotiations with UEFA for an agreement relating to their financial results for the year ended in June 2024, where the club recorded a gross profit of £ 128.4 million taxes, their first since the Clearlake Capital Consortium of Todd Boehly took the club owned.

This figure includes their evaluation of £ 200 million in their highly successful women’s team in a “repositioning” as a activity separated by the men’s team in an agreement with the Blueco mother club at the end of the season.

The evaluation of £ 200 million, which would be a record for a women’s team, has yet to be approved by UEFA or the Premier League.

Saturday morning, Chelsea published their detailed accounts in which the club “entered the discussions with UEFA regarding mitigating factors that influence their regulatory presentations”.

The laws of UEFA prohibit any associated party transaction, which therefore means money generated by the sale of the women’s team would not be included in their financial data.

I also come the club, including the sales of two hotels to an affiliate used to respect the profit and sustainability rules of the Premier League (RDP) last season.

In the accounts of last season, the sales of the Copthorne and Millenium of Chelsea hotels were evaluated at £ 76.3 million by the club. Following the evaluation of the Premier League, the value of the two hotels was reduced by £ 6 million.

For a period of three years, the clubs in competition in European competitions are allowed a total loss of € 200 million (£ 170.1 million) from UEFA.

During the 2023/24 season, Chelsea spent £ 553 million for players’ purchases and generated £ 208 million income through the sales of the players.