"Chelsea's activity in the transfer market during recent seasons has led fans of rival clubs to question how the Blues can afford such a volume of high-profile, expensive signings without contravening the Premier League's Profitability and Sustainability rules (PSR). Under BlueCo ownership, the Blues have been able to sell the Women's team and hotels on the Stamford Bridge site to sister companies, making sure they, technically, abide by English football's financial controls. In Europe, however, such deals would not count towards UEFA's rules."
""Nicolas Jackson isn't in their Champions League squad. So even if they sell Nicolas Jackson, he will not count [towards complying with UEFA's rules]," Law said on the 'London is Blue' podcast. "Because it has to be people who you have to balance against people who were in your squad. So, if [Chelsea] sell [Raheem] Sterling, if they sell Jackson, if they sell [Axel] Disasi, they're not going to count.""
Chelsea has executed numerous high-profile transfers while using intra-group asset sales under BlueCo ownership to satisfy English Profitability and Sustainability rules. The club sold the women's team and Stamford Bridge hotels to sister companies, allowing compliance with domestic financial controls. UEFA does not recognise such intra-group deals for its 'football earnings' rule, which forces clubs to balance spending with revenue and limits losses to €60 million over three years unless healthier clubs qualify for higher thresholds. UEFA scrutiny will require Chelsea to focus on more conventional player trading and revenue measures, since players outside the Champions League squad will not offset UEFA accounting. Significant trading or other revenue actions will be necessary next summer to align with UEFA regulations.
Read at www.fourfourtwo.com
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