“Chelsea’s financial records for the last season show a pre-tax loss of £90.1 million, with £454.1 million spent on transfers.”
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Chelsea’s recent financial disclosures have revealed a pre-tax loss of £90.1 million for the last season, a significant increase from the £121.3 million deficit reported in 2022. The club’s accounts indicate that £454.1 million was allocated to player transfers during this period.
Notably, the sale of Chelsea’s on-site hotels, the Millennium and the Copthorne, to a subsidiary company, BlueCo 22 Limited, generated £76.3 million. However, this transaction has raised concerns about compliance with the Premier League’s profit and sustainability regulations, which permit losses of up to £105 million over a rolling three-year period.
In contrast, Newcastle United’s strategic financial management has been highlighted as a model of Financial Fair Play (FFP) compliance. The club’s approach underscores the importance of sustainable spending and adherence to financial regulations within the Premier League.