Chelsea have been told they could face a 12-point deduction for breaching PSR rules if their 'clever dancing' barristers fail to get loopholes approved.
Chelsea have been told they could face a 12-point deduction for breaching the Premier League’s profit and sustainaibility rules if their ‘clever dancing’ barristers fail to get loopholes approved.
Chelsea’s latest financial report showed the London club owned by Todd Boehly reduced their losses under PSR last year by selling two hotels on the Stamford Bridge in an intra-company deal for £76m. Boehly also sold the Chelsea women’s team to parent company BlueCo lats month in a bid to circumnavigate the PSR rules again.Former Everton CEO Keith Wyness, who now runs a football consultancy advising elite clubs, believes avoiding a PSR breach and a hefty points deduction will come down to the cleverness of the barristers involved.
“There was a big rush of spending. We can all remember Graham Potter coming in and they were buying everybody from Brighton.
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