Even by football’s standards, there was considerable shock. WhatsApps immediately went around executives at the news that Chelsea look to have avoided breaching the Premier League’s Profit and Sustainability Rules last season by selling their women’s team and other subsidiaries to the club’s parent company.
The Blues announced a £128.4m profit in their financial results for the year ending June 2024, up from an announced pre-tax losses of £90.1m in the first full year under Todd Boehly's Clearlake Capital consortium, with fans increasingly disgruntled with the ownership.
