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The Times reported on Thursday that UEFA rules would not permit the sale of assets to sister companies to aid club income, something that threatens to impact Chelsea.
In the 2022/23 accounts it was confirmed that the club had sold two hotels at Stamford Bridge to a related party company for a sum of £76.5m. That sum was accounted for when it came to the club’s own PSR view, although the sales of the two hotels have yet to be approved by the Premier League.
This past 12 months has seen the club transfer ownership of its women’s team to the club’s parent company, allowing them to book more income to offset the heavy transfer spend and aid regulatory compliance.
But UEFA won’t allow such submissions, and the rules for that have been in place for some time, meaning that it won’t be a closing of any loophole.
❤️ Klubber:
- Real Madrid (1994) - Chelsea (1993) - Raúl / M.Laudrup / I.Casillas / R.Carlos / S.Ramos / C.Ronaldo / C.Makélélé / F.Lampard / A.Cole / M.Essien / G.Zola / D.Drogba / N.Matic / J.Terry / B.Ivanovic / E.Hazard / N.Kante / P.Čech