UEFA have not accepted Chelsea's hotel and women's team scam...
"Clubs were required to perform adjustments, as profits from such transactions cannot be recognised as relevant income according to the
UEFA Club Licensing and Financial Sustainability Regulations – Edition 2024 (“Regulations”)."
That will put pressure on the Premier League. I think they are still reviewing some of what Chelsea have done.
My reading of it is we spent more than allowed both in total but when looking at squad ratio costs we were significantly over .
In terms of the PL allowing the sale of hotels/ woman’s teams and indeed some of our transfers it seems that UEFA either disallowed them in total or in part.
The PL clubs effectively didn’t agree to rule changes that would close the ability to likewise disallow these type of transactions
In terms of our income save the sums described above our income has been way outstripped by our spending so it was inevitable that we were going to get fined.Theres absolutely no doubt CL qualification, CWC income will be significantly more for 25/26 and to a lesser degree 24/25.
The question of a Front of Shirt Sponsor and indeed other sponsorship from our perspective needs to be advanced in 25/26
I believe that our agreement with UEFA already acknowledges that we had / will be in breach for the next assessment year. I would guess that’s why we have been hit with a bigger fine but also its interesting that we have 4 years to sort out matter whereas others who likewise have been over have lesser fines and less years to resolve their problems.
The wording around squad costs sanction is not just clumsy it’s a nonsense. The use of the word new player means what ? New to the club or new to the A List. But even then what A list ? The 24/25 one or the September 25 list ? Even then what do they mean will all player costs be included ( amortisation/ wages / agent fees ) on a player by player basis
Our owners don’t actually consider the risk in terms of getting a financial penalty as a reason not to overspend.
A question I asked elsewhere would we have qualified for the CL and with it the riches, would we have got the Semis of the CWC, advanced our 24/25 Pl merit payments by circa 25% of the fine, had we not overspent? Of course we don’t know but what we do know is that we have and when you look at the £30 million fines and measure that against the additional income they will have considered it a risk worth taking.
I am not trying to justify anything but just shows you how those that operate in the wider business world treat the regulations with contempt
