Doesn't seem dodgy at all.....

[PSRB]

Chelsea have revealed that selling their women?s team to the club?s parent company has helped them avoid any potential breaches of the profit and sustainability rules (PSR).

The club have posted a pre-tax profit of ?128.4 million for the year ending June 30, 2024.

Just two days before the deadline for the 2023-24 finances to be registered, Chelsea transferred the ownership of their women?s team to BlueCo 22 Midco.

The move prompted a review by the Premier League, but Chelsea have credited the decision with helping the club post a profit in their accounts.

Telegraph Sport reported last July how the sale of the women?s team faced fair market value scrutiny as the deal effectively helped the men?s team fall within the Premier League?s PSR limits. Sources close to Chelsea dismissed suggestions the club was exploiting a loophole, maintaining the arrangement was already driving up revenues for the women?s team.

[Luis Anaconda]

Chelsea have revealed that selling their women?s team to the club?s parent company has helped them avoid any potential breaches of the profit and sustainability rules (PSR).

The club have posted a pre-tax profit of ?128.4 million for the year ending June 30, 2024.

Just two days before the deadline for the 2023-24 finances to be registered, Chelsea transferred the ownership of their women?s team to BlueCo 22 Midco.

The move prompted a review by the Premier League, but Chelsea have credited the decision with helping the club post a profit in their accounts.

Telegraph Sport reported last July how the sale of the women?s team faced fair market value scrutiny as the deal effectively helped the men?s team fall within the Premier League?s PSR limits. Sources close to Chelsea dismissed suggestions the club was exploiting a loophole, maintaining the arrangement was already driving up revenues for the women?s team.

Unbelievable - I think Uefa will be having a look

[redgunamo]

Unbelievable - I think Uefa will be having a look

Not 'arf!

Oh, you mean the PSR compliance. Sorry.

[7sisters]

Unbelievable - I think Uefa will be having a look

Average gates of 10.5k. It?s like one of those Dragons Den evaluations. It?s laughable. Surely the PL can?t ignore it ?

[Peter]

Chelsea have revealed that selling their women?s team to the club?s parent company has helped them avoid any potential breaches of the profit and sustainability rules (PSR).

The club have posted a pre-tax profit of ?128.4 million for the year ending June 30, 2024.

Just two days before the deadline for the 2023-24 finances to be registered, Chelsea transferred the ownership of their women?s team to BlueCo 22 Midco.

The move prompted a review by the Premier League, but Chelsea have credited the decision with helping the club post a profit in their accounts.

Telegraph Sport reported last July how the sale of the women?s team faced fair market value scrutiny as the deal effectively helped the men?s team fall within the Premier League?s PSR limits. Sources close to Chelsea dismissed suggestions the club was exploiting a loophole, maintaining the arrangement was already driving up revenues for the women?s team.

I can laugh at it, but if I supported Everton or forest I'd be ****ing fuming.

This really is taking the piss.

[PSRB]

Speaking of dodgy.....
Guillem Balague
@GuillemBalague
?
7m
LaLiga has annulled Barcelona's financial fair play manoeuvre that enabled the registrations of Dani Olmo and Pau V?ctor, after the club?s new auditor excluded the ?100 million from VIP seat sales revenue they used to register the players (by the way, days after the deadline)?pushing the club?s finances beyond the permissible threshold.

The decision comes amid conflicting financial reports, three different auditors in as many months. As a result, Barcelona no longer meets fair play requirements, won't be able to sign players unless they sell, and LaLiga plans to report the auditor to Spain?s Institute of Accounting and Auditing for malpractice.

Meanwhile, the Spanish government?through its sports branch, the CSD?is expected to inform the club in the coming days, likely this week, whether it agrees with the resolution reached by LaLiga and the Spanish FA that Barcelona must deregister Olmo and V?ctor. The government is inclined to believe that players have the right to work, and deregistering them would effectively prevent them from doing so for the remainder of the season, whether at Barcelona or elsewhere.

Basically, Barcelona have played with fire?they know it?and LaLiga believes they?ve been burnt yet again, this time by financial ?levers? that don?t seem legitimate.