Chelsea’s sale of the women’s team to the club’s parent corporation seems to have complied with the Premier League’s profitability and sustainability guidelines (PSR) regarding player sales. For the fiscal year ending June 30, 2024, Chelsea reported that they had converted their pre-tax deficit of £90.1 million from the previous year into a pre-tax profit of £128.4 million.
The Chelsea FC Holdings Limited results, which were submitted to Companies House, mark a dramatic change from the previous years’ severe losses while owned by Clearlake Capital and Todd Boehly.
The men’s team’s season out of the Champions League caused Chelsea’s revenue to drop to £468.5 million, although the club claimed that their financial picture “benefited from increased profit on disposal of player registrations and repositioning of Chelsea Football Club Women Ltd.”
Chelsea claimed that their financial picture “benefited from increased profit on disposal of player registrations and repositioning of Chelsea Football Club Women Ltd.” Despite this, the team’s income dropped to £468.5 million following another season out of the Champions League for the men’s squad.
Chelsea report £128.4m profit after 2024 sale of women’s team
The Premier League has scrutinized the move in light of associated-party transactions and fair market value regulations. Last year, the league overtook Chelsea by selling two hotels at Stamford Bridge to BlueCo 22 for £76.5 million.
According to Chelsea, the sale of the squad would guarantee that “CFCW has dedicated resources, management, and commercial leadership solely focused on the growth and success of the women’s team.” The team wants to win the Women’s Super League for the sixth time in a row.
Under Boehly and the majority stakeholder, Clearlake, the men’s squad has experienced upheaval. Chelsea has been extremely active in the transfer market and hasn’t participated in the Champions League since the 2022–2023 campaign. Although they have spent over £1 billion on acquisitions, they have also tried to raise money through outlays.
Homegrown talent sales are beneficial since the money made from academy products is recorded as pure profit. Mason Mount, Ian Maatsen, and Christian Pulisic were among the players sold during the most recent fiscal year. Chelsea said that their earnings have suffered from not being able to compete in Europe’s top league. Operational expenses dropped to make up for the decline in income.
