Chelsea’s hopes of meeting UEFA’s Financial Fair Play rules have been dealt a blow after it was reported that the sale of hotels to affiliates will not be counted in the club’s accounts.
Since Todd Boehly and co bought the Blues in 2022, they have spent more than £1billion on new players
in order to comply with the Premier League’s Financial Fair Play and sustainability rules. Chelsea have tried to use the trick of signing players on a long-term basis, and
they have also managed to sell the two Stamford Bridge hotels. The Millennium and the Copthorne, to affiliates for a reported £76.5m. The
Premier League has yet to close the loophole. That allows clubs to sell assets to affiliates and register them as income to comply with the rules,
but The ยูฟ่าเบท reports that UEFA has confirmed that clubs are not allowed to register. The sale of assets to affiliates as income towards its FFP rules, and insists that an independent panel must assess each case on a case-by-case basis.
That leaves Chelsea, who also sold their women’s team to its parent company, struggling to comply with UEFA’s Financial Fair Play rules at the time. With breaches potentially facing punishment next season. Last
season The Stamford Bridge giants are not playing in Europe after finishing 12th in the 2022-23 campaign
, however they finished sixth last season and are competing in the UEFA Europa Conference League this term.
Chelsea were fined £8.6m in July last year for breaching UEFA’s Financial Fair Play rules after allegedly submitting incomplete financial details between 2012 and 2019.