Chelsea brace for Premier League intervention after £76m sale amid FFP worries

Chelsea's £90.1million accounting loss for the 2022/23 year could yet have a material change despite a public breakdown of the figures being released last week. Relating to the first full season under the Todd Boehly-Clearlake Capital ownership, the results were over £30million better off than the previous period.

It is still the third consecutive season in a row that the club have announced a loss — with more than £120million and £150million being lost in the prior years respectively — but does come with a caveat; Though not a positive one. Chelsea's figures are expected to get worse.

With an effective 12-month lag on the accounts, Chelsea had the benefit of Champions League prize and broadcast money included in these figures, even if the wage bill is currently believed to be significantly smaller. There was also a summer of large player sales in 2023 that will be included when submissions to the Premier League are concluded in December.

Chelsea also now know, unlike when they were preparing these documents, the threat of breaking financial rules. Just one month prior to the accounts being submitted Everton became the first team in England to fall foul to profitability and sustainability regulations (PSRs), when they were docked ten points (later reduced to six after appeal).

The Toffees have since had another deduction landed on them (due another appeal) while Nottingham Forest have been sanctioned themselves. Sheffield United and Leicester City face possible punishment moving forward and a cloud hangs over Manchester City in the form of their ongoing 115 charges.

Chelsea have so far managed to avoid the same fate but forecasts suggest the same may not be the case moving forward. It is in this light that an announcement in