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Points deduction looming for Chelsea? Blues reveal huge £90m loss as doubts grow over club's ability to meet FFP & PSR rules

The Blues have revealed that a £90.1 million ($115m) loss was made in the 12-month period up to June 30, 2023. The west London outfit were £121.4m ($154m) in the red for 2022, with debt beginning to stack up at Stamford Bridge.

WHAT HAPPENED?

The latest accounts have been revealed by BlueCo22, the company through which Clearlake Capital and Todd Boehly acquired the club from Roman Abramovich. The company, which also owns French side Strasbourg, have announced a huge £653m ($833m) loss after tax between March 2022 and June 2023.

THE BIGGER PICTURE

Chelsea have already faced questions of how they can adhere to Financial Fair Play (FFP) and Profit and Sustainability Rules (PSR) rules after <a href="https://www.goal.com/en-gb/lists/chelsea-trouble-blues-warned-huge-points-deduction-worse-everton-breaking-ffp-unless-sell-100m-talent/blt33a9bd216f7cd50b" target="_blank">spending over £1 billion ($1.3bn) in the transfer market under their current owners</a>. The latest figures have added to those concerns.

DID YOU KNOW?

The Blues remain adamant that they are operating inside the rules, saying: “The club continues to balance success on the field together with the financial imperatives of complying with Uefa and Premier League financial regulations. The club has complied with these financial regulations since their inception in 2012 and expects to do so for the foreseeable future.”

WHAT CHELSEA SAID

Premier League clubs are allowed to make a loss of £105m ($134m) over a three-year period, with Chelsea clearly well above that mark at present. In order to avoid a points deduction – with <a href="https://www.goal.com/en-gb/lists/huge-relief-everton-toffees-10-point-premier-league-deduction-reduced-six-successful-appeal/bltb185bc92c3619fe7" target="_blank">Everton already being stung</a> while Nottingham Forest wait on the outcome of their case – the Blues <a href="https://www.goal.com/en-gb/lists/chelsea-trouble-blues-warned-huge-points-deduction-worse-everton-breaking-ffp-unless-sell-100m-talent/blt33a9bd216f7cd50b" target="_blank">may have to sanction big-money sales in the next transfer window</a>.

WHAT NEXT FOR CHELSEA?

Points deduction looming for Chelsea? Blues reveal huge £90m loss as doubts grow over club's ability to meet FFP & PSR rules | Goal.com US

Chelsea are facing the threat of a Premier League points penalty after posting losses that leave them at risk of breaching Financial Fair Play rules.

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