Chelsea make surprise £76m sale amid Premier League punishment worry and FFP points deduction fear

Chelsea's accounts for 2022/23, which had a bottom line of a £90.1million loss, were boosted by the sale of hotel buildings. It comes with the Blues facing plenty of financial questions following a period of mass spending and change at the club.

The figures, which were released in full publicly on Friday, April 12, show a breakdown of the incoming and outgoing costs. Alongside a thorough exploration into transfers to and from Stamford Bridge, the report also detailed unexpected infrastructure changes.

Included in the 'strategic report', the statement explains that, «during the year the Group commenced a review and restructure of its real estate portfolio resulting in the sale of the hotel buildings owned by the Group to BlueCo 22 Properties Limited, a fellow subsidiary of the intermediate parent company, BlueCo 22 Limited. This resulted in a profit on disposal of fixed assets of £76.5milllion to the Group. „

Despite the sale of the hotels — which were only to fellow Todd Boehly-Clearlake Capital consortium ran BlueCo -Chelsea are still expected to push the line close for the next period of profitability and sustainability regulation (PSRs) checks. The club were not found to have been guilty of overstepping the mark for the rolling three-year mark ending in June 2023.

Unlike Everton and Nottingham Forest -as well as Sheffield United and Leicester City — Chelsea have not been accused of breaching the allowed loss-making threshold of £105million across three years. That figure changes with each season spent outside the top division, not that this is relevant for Chelsea.

The Blues will be up against it to do the same in the coming year though after making an overall loss of £90million-plus for the third year in a row.