After it was reported that Chelsea had “sold” their women’s squad, they were able to avoid breaking the Premier League’s Profit and Sustainability rules. A points deduction for earlier transactions has threatened the Blues in the past when they have encountered financial difficulties.
The club has spent more over £1 billion on players since Todd Boehly joined in 2022, extending their contracts to help defray the expense. Since this hasn’t resulted in any significant on-field success that would increase income, Chelsea has now turned to looking for a PSR loophole, which has infuriated supporters.
Chelsea Sell Women’s Team to Parent Company
The sale of the team and other subsidiaries means that they have made close to £200m in revenue
The transfer of Chelsea’s women’s squad and several other subsidiaries to the club’s parent business reportedly brought in close to £200 million for Chelsea. They were able to avoid possible infractions of the Premier League’s PSR rules last season thanks to this calculated manoeuvre.
Although the complete financial reports for the 2023–24 campaign have not yet been released to the public, the west London team revealed a total of £198.7 million, resulting in a pre-tax profit of £128.4 million on their official website. They reported a pre-tax loss of about £90 million at this time last season. According to reports, the women’s team alone was worth over £150 million.
The Premier League’s 20 clubs have decided not to tighten a loophole that allows them to record profits from the sale of assets to connected businesses. The Blues had already taken use of this position by selling two hotels to a sister firm in order to generate £76.5 million.
Two days before the June 30 deadline for registering financing for the 2023–24 season, Chelsea gave Blueco 22 Midco Ltd. control of their women’s squad on June 28. In a statement issued by the club, it was stated : “The profit for the year before taxation was £128.4million compared with a loss of £90.1million for the prior year as the club benefited from increased profit on disposal of player registrations and repositioning of Chelsea Football Club Women Ltd.”
It has been asserted, nevertheless, that the Blues might face sanctions from UEFA because the European regulatory body’s regulations prohibit clubs from disclosing revenue from sibling companies.
Fans React to Chelsea’s PSR Loophole
Supporters online are furious
It should come as no surprise that supporters are not happy that the Stamford Bridge team has overcome their financial difficulties; the majority denounce the exploitation. “That things like this are allowed is an absolute disgrace,” one person said. Chelsea is simply creating their own rules when so many other clubs are following them. An additional statement was made: “They are the most ridiculous club in existence.”
Another said that “It’s cheating plain and simple, anyone associated with CFC should be embarrassed, as should the PL for allowing it,” and a fourth remarked “There’s no kind of shameless financial engineering that Chelsea won’t do.”
Chelsea avoided PSR breach after selling women’s team & subsidiaries to themselves for nearly £200m profit https://t.co/Z4EUr5ktMG
— Martyn Ziegler (@martynziegler) March 31, 2025
Chelsea avoided PSR breach after selling women’s team & subsidiaries to themselves for nearly £200m profit https://t.co/Z4EUr5ktMG
— Martyn Ziegler (@martynziegler) March 31, 2025
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