Chelsea's Women's Team Sale Under Premier League Scrutiny

The Premier League is investigating the sale of Chelsea's women's team to the club's parent company, Blueco Midco, to ensure the deal was conducted for fair market value.

Premier League Investigates Chelsea’s Women’s Team Sale

The Premier League is currently assessing the sale of Chelsea’s women’s team to the club’s parent company, Blueco Midco, to ensure the deal was conducted for fair market value. 1 This development comes after a Companies House filing on July 11 stated that as of June 28, Blueco Midco is now “a person with significant control” of Chelsea Football Club Women Ltd.

Fair Market Value Under Scrutiny

Under the Premier League’s associated party transaction (APT) rules, deals involving entities linked to a club’s ownership must be conducted for fair market value. The Premier League is ensuring that Chelsea’s sale of its women’s team adheres to these rules, which govern transactions between related parties. 2

The women’s team celebrates their Women’s Super League trophy win.

Speculation Surrounds Chelsea’s Financial Situation

There has been speculation that Chelsea’s lavish transfer spending since the consortium involving American businessman Todd Boehly bought the club in 2022 might put them at risk of breaching the Premier League’s profitability and sustainability rules (PSR). Under PSR, clubs’ losses must not exceed £105 million over a three-year assessment period. 3

Chelsea’s Financial Records Under Investigation

Chelsea FC Holdings’ accounts, which the Premier League looks at under PSR, showed a loss of £89.9 million in 2022-23, even with the £76.5 million made from selling two hotels to another related company, Blueco 22 Properties Ltd. The sale of club-owned assets to a related company is allowed under league rules, but the Premier League is investigating whether the transaction was conducted for fair market value.

The sale of Chelsea’s women’s team to Blueco Midco has sparked concerns about the club’s financial situation and its compliance with the Premier League’s rules. As the investigation unfolds, fans and stakeholders will be watching closely to see how this development affects the club’s future.

The financial records of Chelsea FC Holdings are under scrutiny.