Chelsea continue to state that they are not, contrary to widespread financial forecasting, in danger of falling foul of regulations that could bring heavy fines and possible points deductions as punishments. Despite spending at an unprecedented rate and dropping out of the Premier League's European places, the Todd Boehly-Clearlake Capital ownership consortium are defiant in their stance that the club will not be breaching rules.
Having recorded losses of £90.1million in the 2022/23 period, the Blues are widely expected to push the line in regards to the Premier League's profitability and sustainability rules (PSRs) when the figures are analysed next time round. Although it is not made public how close sides are to overstepping the allowed £105million loss-making mark over a rolling three-year frame, worries for the future have remained as the club prepares to feel the burden of not getting Champions League prize money.
On top of this is the monetary impact of a second giant summer of signings -though this was offset by the sale of over £200million worth of sales. With the club both looking to balance the current activity to meet fallen within the parameters for 2023/24, they also have to look ahead to a more sustainable model.
The consequences of failing to meet the defined figures have been demonstrated clearly in the past six months. Both Everton (twice) and Nottingham Forest have felt the full force of Premier League sanctions with initial points deductions equal to 16 being applied to the clubs before appeal.
Sheffield United have also been charged with financial misdeeds and Leicester City face their own battle with the EFL and/or Premier League next season depending on how their Championship campaign finishes off —
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