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3w ago

Chelsea Posts £128.4m Profit After Controversial Women's Team Sale

The club leveraged a regulatory loophole to sell its women's team to its parent company, avoiding breaches of Premier League financial rules but raising questions about UEFA compliance.

Soccer Football - Conference League - Round of 16 - Second Leg - Chelsea v FC Copenhagen - Stamford Bridge, London, Britain - March 13, 2025 General view of a corner flag inside the stadium before the match REUTERS/Isabel Infantes/File Photo
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Chelsea would assert that their valuation of more than £150million reflects the women’s team’s rising value
Millie Bright, left, and Sam Kerr lift the Women’s Super League trophy in 2023 — the fourth in Chelsea’s run of five consecutive titles

Overview

  • Chelsea reported a £128.4 million profit for the 2023-24 financial year, reversing a £90.1 million loss from the previous year.
  • A key factor in the financial turnaround was the £198.7 million profit from selling the women’s team and other subsidiaries to their parent company, BlueCo 22 Midco Ltd.
  • The transaction, completed just two days before the financial deadline, complied with the Premier League’s Profitability and Sustainability Rules but has drawn scrutiny over fair market value compliance.
  • UEFA’s stricter financial regulations, which prohibit registering income from sales to sister companies, could pose future challenges for Chelsea.
  • The valuation of Chelsea’s women’s team at over £150 million underscores the growing commercial value of women’s football, making it the second most valuable women’s team globally.