Chelsea FC condemns fans who resell tickets for profit, but co-owner Todd Boehly benefits from a website that facilitates such sales. This raises ethical concerns and highlights a potential conflict of interest.
The Times reports that Chelsea condemns any of its fans who resell tickets at more than face value, threatening them with sanctions, including fans losing their season tickets. However, at the same time, the club's co-owner and main figure, Todd Boehly , co-owns a company that profits from Premier League tickets being resold for tens of thousands of pounds.The shameless reselling company that Todd Boehly co-owns is also on the official Premier League list of unauthorized ticketing websites.
So, essentially, Chelsea has somehow been allowed by the Premier League 'rules' to stay within Profit and Sustainability (PSR) limits despite spending well over £1.5 billion on players since Todd Boehly and his associates took control only two and a half years ago. This is amidst all kinds of rumours and reports of using accounting practices to sell one or more of the club's training grounds, hotels, and women's team effectively to themselves (part of the same overall business, same owners, etc). Then, The Times reports that Todd Boehly is personally profiting, as a co-owner, from the disgraceful resale/ touting of Premier League tickets for many times their face value, up to tens of thousands of pounds. The obvious next step is to complete the circle, whereby Chelsea co-owner Todd Boehly will then be effectively using cash he makes from the reselling/ touting site to then help finance the shocking way these same six clubs tried to force through changes that would forever give themselves far greater voting powers over other Premier League clubs, so they could at any time force through future votes to award themselves even more money and control. The total 'punishment', if you can call it that, was that collectively the shamed six clubs paid a fine which was the rough equivalent of a week of their collective wage bills. No European bans, no Premier League points deducted, only a nominal fine. 'Chelsea’s co-owner Todd Boehly is a director of a website that facilitates the resale of Premier League match tickets for tens of thousands of pounds. Boehly is co-owner of Vivid Seats, an American site that allows users outside the UK to buy and sell tickets, in many cases at huge mark-ups, to concerts and sporting events. The company charges commission of 10 per cent, and an additional service fee. British fans cannot use Vivid Seats or other sites like it because it is illegal to resell tickets in this way in the UK. The Premier League includes Vivid Seats in a list of “unauthorised ticketing websites”. Tickets are available on Vivid Seats for a swathe of upcoming Premier League matches. The cheapest tickets listed for Liverpool’s final home game of the season are priced at more than £1,700; the most expensive at nearly £20,000. Chelsea have condemned ticket holders who sell on their seats for profit, stating on their website last year: “Supporters found to be selling their ticket for more than face value will be subject to a club investigation and sanctions, including the removal of season tickets, memberships and access to the away match ticket scheme. “This unfortunately occurs more often than you would expect, and the club has been forced to ban many members and season ticket holders. In some cases, the matter will be reported to the police for criminal prosecution. “The only place to purchase general admission tickets is via official Chelsea FC channels, including the club website and ticket exchange. Ticket holders can only transfer a ticket to a friend or family member for no more than face value.
Chelsea Todd Boehly Premier League Ticket Resale Conflict Of Interest Ethics In Sports
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