Chelsea, Finances, Football, Sport Business | The Guardian
Club turn last year’s pre-tax loss into pre-tax profitMove scrutinised over rules around fair market valueChelsea appear to have complied with the Premier League’s profitability and sustainability rules (PSR) through player sales by selling the women’s team to the club’s parent company. Chelsea announced they had turned last year’s pre-tax loss of £90.1m into a pre-tax profit of £128.4m for the financial year ending 30 June 2024.The results were filed at Companies House by Chelsea FC Holdings Limited and represent a significant shift after heavy losses under the ownership of Clearlake Capital and Todd Boehly in previous years. Continue reading…
- Club turn last year’s pre-tax loss into pre-tax profit
- Move scrutinised over rules around fair market value
Chelsea appear to have complied with the Premier League’s profitability and sustainability rules (PSR) through player sales by selling the women’s team to the club’s parent company. Chelsea announced they had turned last year’s pre-tax loss of £90.1m into a pre-tax profit of £128.4m for the financial year ending 30 June 2024.
The results were filed at Companies House by Chelsea FC Holdings Limited and represent a significant shift after heavy losses under the ownership of Clearlake Capital and Todd Boehly in previous years.
