Chelsea Sells Women’s Team to Parent Company to Balance the Books
Selling its women’s team to BlueCo, the club’s parent company, for €237 million
Chelsea FC has managed to close the 2023-24 season with a profit, despite its massive spending spree in recent years.
Smart Accounting or Financial Trickery?
According to Daily Mail, Chelsea’s financial strategy included this major transaction just two days before the financial reporting deadline for the season.
By including this revenue alongside €182.5 million from player sales, the club recorded a €155.2 million profit for the season.
In contrast, Chelsea posted a €108 million loss in the previous season (2022-23), making this turnaround even more remarkable.
It's MATCHDAY. ⚔️🔵#CFC | #CHETOT pic.twitter.com/Y9Pf4WkGMl
— Chelsea FC (@ChelseaFC) April 3, 2025
UEFA’s Response: Will European Regulations Allow This?
Unlike the Premier League, which permits clubs to generate revenue by selling assets to sister companies, UEFA does not recognize such financial maneuvers.
European football’s governing body has strict rules preventing clubs from using such methods to comply with Financial Fair Play (FFP) regulations.
A report by The Times revealed that insiders at Chelsea described the move as a “repositioning” of the women’s team to provide dedicated resources and management.
However, UEFA is unlikely to overlook this tactic, raising concerns over how Chelsea’s finances will be assessed in future European competitions.
Todd Boehly’s Spending Spree Continues
Since taking over Chelsea in May 2022, Todd Boehly has spent over €1 billion on new signings.
Despite this, the club’s latest financial report shows a drop in revenue to €559.5 million, largely due to missing out on the Champions League.
Currently sitting 4th in the Premier League with 49 points after 29 games, Chelsea is battling to secure a top-four finish and a return to Europe’s elite competition.
What’s Next for Chelsea?
With UEFA keeping a close eye on financial dealings and Chelsea’s aggressive spending strategy, will the Blues find themselves under scrutiny?
Time will tell if this move was a stroke of financial genius or a loophole that could backfire.
