Chelsea is at risk of banning the Champions League on financial violations

Chelsea is at risk of banning European football in the future – including the Champions League – after it was wrong in the strict financial rules of the European Football Association.

The Blues have endured the rotation season, but it has Give themselves a strong opportunity From reaching the Champions League for the first time since the last four of the Premier League in 2022.

However, it appears that Chelsea’s heavy spending in recent seasons is ready for a problem with the ruling body in Europe, who do not accept some of the same accounting practices that the club used to avoid possible penalties from the Premier League.

Chelsea She recorded a profit of 198.7 million pounds last summer by selling the women’s team to a sister company. A similar tactic was used in 2023 to collect 76.5 million pounds with two previously owned hotels.

Selling assets to sister companies is acceptable under the Premier League regulations, but not UEFA. Therefore, the profitable amounts that were brought from these deals must be concluded from the financial record used to determine compliance. Without 275.2 million pounds of additional income, Chelsea losses over the past three years reach 358 million pounds, which is the permissible ufa threshold of 170 million pounds.

The Times He writes that Chelsea is already holding talks with UEFA due to a settlement “that is likely to involve” a fine that is paid, as well as approval of the “sustainability plan” to future spending until 2028. The European Union is expected to grant details of the public settlement in the end next month.

But due to the breaking of the rules once, the most severe punishment – which includes its ban from European competition – can be written in any such plan.

Even under the Premier League watch, Chelsea had to reduce the value of the hotel deal by 6 million pounds, and the same could happen if the women’s team was sold. There are doubts about whether 200 million pounds is an accurate and fair value, given modern revenues and losses.

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