Chelsea report £90m loss in 2022-23 accounts – what does it mean for PSR?

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Chelsea report £90m loss in 2022-23 accounts – what does it mean for PSR?
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Chelsea have reported a pre-tax loss of £90.1million ($114.8m) in their accounts for the 12-month period ending on June 30, 2023. The loss, down from £121.

have reported a pre-tax loss of £90.1million in their accounts for the 12-month period ending on June 30, 2023. The loss, down from £121.4m in the previous financial year, raises fresh questions about Chelsea’s ability to remain compliant with the and ’s financial regulations, though the club insist they will do so. Chelsea’s overall turnover for the year actually rose to a club-record high of £512.5m, buoyed by commercial revenue increasing to £210.

Chelsea’s ownership have spent heavily on players Do these numbers put Chelsea at risk of breaching PSR? Chelsea reiterated their insistence that they are compliant with the Premier League’s profit and sustainability rules, which allow clubs to lose up to £105m over a three-year monitoring period. At first glance, the figures above would seem to make that claim impossible. In reality, clubs can make deductions for healthy expenditure such as on their women’s team and academy.

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