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The Guardian - UK
The Guardian - UK
Sport
Jacob Steinberg

Chelsea report £128.4m profit after selling women’s side to themselves

Chelsea PSR Todd Boehly the Premier League EPL Christian Pulisic Clearlake Capital the Champions League
Todd Boehly during a Bloomberg television interview during the Global Investors' Symposium in Hong Kong
Chelsea have suffered heavy losses under the ownership of Clearlake Capital and Todd Boehly in previous years. Photograph: Bloomberg/Getty Images

Chelsea appear to have complied with the Premier League’s profitability and sustainability rules (PSR) through player sales by selling the women’s team to the club’s parent company. Chelsea announced they had turned last year’s pre-tax loss of £90.1m into a pre-tax profit of £128.4m for the financial year ending 30 June 2024.

The results were filed at Companies House by Chelsea FC Holdings Limited and represent a significant shift after heavy losses under the ownership of Clearlake Capital and Todd Boehly in previous years.

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