Chelsea post profit after selling female club to owners
- Chelsea recorded a pre-tax profit of £128.4 million for the year ending in June 2024, attributed to the sale of their women's team and player registrations.
- The women's team was transferred from Chelsea FC Holdings Limited to BlueCo, contributing to Chelsea's financial profit but removing losses from club accounts.
- Everton reported a loss of £53 million for the 2023-24 season, marking seven consecutive years in deficit and totaling £570 million over that time.
- Chairman Todd Boehly mentioned potential future disagreements with majority owners on stadium issues amid fan protests regarding management decisions.
24 Articles
24 Articles
Premier League has not approved Chelsea's controversial sale of women's team
CHELSEA’S controversial sale of the club’s women’s team to its parent company has YET to be passed by Prem legal chiefs. In their 2023-24 accounts, partially disclosed on Monday, the Stamford Bridge club disclosed it had raised £198m from the “repositioning of Chelsea Football Club Women” as part of a “disposal of subsidiaries” to parent company BlueCo 22. The Premier League is yet to approve Chelsea’s sale of its women’s team to BlueCo 22Alamy …
Why Chelsea owners' smart idea to avoid PSR breach will spell future trouble - The Mirror
Chelsea announced pre-tax profit of £128.4m thanks to decision to sell women's team to club's parent company but such tricks cannot be repeated in face of big transfer bills
Chelsea report profit after repositioning of women's team
LONDON: Chelsea recorded a pre-tax profit before taxation of 128.4 million pounds (US$165.83 million) for the year ending in June despite a fall in revenue thanks to the repositioning of their women’s team, the Premier League club said on Monday. © New Straits Times Press (M) Bhd
Women's team sale pads £128.4m Chelsea profit
Chelsea recorded a pre-tax profit before taxation of 128.4 million pounds ($165.83 million) for the year ending in June despite a fall in revenue thanks to the repositioning of their women's team, the Premier League club said on Monday.
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