Chelsea is under a disturbing threat for next season. Despite numerous investments of more than a billion pounds Sterling in transfers during the last Mercatos since the arrival of the shareholder Todd Boehly, the London club remains under the threat of financial fair play and the limits imposed by the rules of profitability and financial sustainability. Indeed, the financial operations carried out by the owner of the Todd Boehly club question the Premier League, but especially the UEFA.
As explained by TimeChelsea exceeded the limits of UEFA in terms of financial loss for last season after the European governing body did not authorize the club to count the sale of its female team as income to a sister company for a record value of more than 200 million euros. Thanks to this sale, Chelsea announced a net profit of 155 million euros for the 2023-24 season while the club had completed the 2022-2023 season with a deficit of more than 100 million euros. But it will not be taken into account by UEFA.
Todd Bohely's methods do not please UEFA
The Blues sold their female section to Blueco 22 Midco Ltd, a subsidiary of the group which also controls the London entity. A financial micro-mac to return to the nails, but the financial regulations of UEFA do not allow clubs to declare the income from the sale of assets to sister companies, specifies The Times. The British daily indicates that the Chelsea is currently in negotiations with UEFA to clarify the situation and avoid heavy sanctions.
Because the first step should be financial sanctions, but UEFA would not hesitate to prohibit Blues from participating in European competitions in the event of a new excess of limits. For their part, the owners, Todd Boehly and Clearlake, would be serene and have good relations with UEFA in order to create a sustainability plan to avoid these sanctions. The Times Finally, add that at least three other European clubs would also be suspected of breaking these rules.
