With these losses plus worse predicted next year surely they are certain to face minimum 10 point deduction or relegation ?
Chelsea's financial calamities have been laid bare after it was revealed they posted the most severe operating loss of any Premier League club in history last season.
www.dailymail.co.uk
Plus they are still under investigation for off the book payments to agents etc under the last owner. Which despite not getting the press or dressing up ours do are of similar nature if not worse and we keep getting told of guilty we could be relegated.
How would a Chelsea survive if they run up losses like this if relegated ?
If I was them I would also be worrying about stadium revenue in the championship. So many clubs in London competing for fans. Less corporate appeal now a small and outdated stadium relative to their recent success.
What would relegation or administration say about PSR FFP and the Premier League ?