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The Guardian - UK
The Guardian - UK
Sport
Matt Hughes

Premier League clubs angered by Uefa release of financial details without warning

Exterior of Stamford Bridge stadium ahead of Chelsea v Benfica Champions League match
Chelsea insist that the record loss reflects non-cash accounting adjustments required by Uefa. Photograph: Jaimi Joy/Reuters

Premier League clubs are unhappy with Uefa’s decision to reveal details of their financial results before some have been published and without warning.

Chelsea’s record pre-tax loss of £355m last season formed a key part of Uefa’s European Club Finance and Investment Landscape report, which was presented by its executive director, Andrea Traverso, at the Financial Times’s Business of Football Summit on Thursday, with the losses incurred by Tottenham and Aston Villa also featuring prominently.

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