Chelsea is at risk of being banned in European football in the future, including the Champions League, after falling the strict financial rules of the UEFA.
Blues have endured a Russian mountain season but have gave a strong opportunity from arriving in the Champions League for the first time since its last first four first places of the Premier League in 2022.
However, Chelsea’s strong spending of recent seasons seems to have problems with the governing body of Europe, which do not accept some of the same accounting practices that the club has made to avoid possible sanctions of the Premier League.
Chelsea It registered a profit of 198.7 million pounds last summer selling the women’s team to a sister company. A similar tactic was used by 2023 to collect £ 76.5 million with two hotels previously owned by the club.
The sale of assets to the sister companies is acceptable according to the regulations of the Premier League, but not to the UEFA. So the lucrative sums that occur from these offers must occur from the financial register used to determine compliance. Without 275.2 million pounds in additional revenue, Chelsea’s losses over the last three years reach £ 358 million, well above the UEFA’s 170 million pounds threshold.
The times He writes that the Chelsea is already in talks with UEFA about an agreement “that probably involves” a fine that is paid, as well as agreeing on the “sustainability plan” in future expense until 2028. It is expected that the UEFA will make public the details of the eventual settlement next month.
But because of breaking the rules once, it is possible that a tougher punishment, including being banned from European competition, can be written on any plan.
Even under the Premier League clock, Chelsea had to reduce the value of the hotel agreement by 6 million pounds, and the same could happen in the case of selling the women’s team. There are doubts about whether 200 million pounds are exact and reasonable value, given the recent income and loss.
