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Chelsea could land points deduction after probe update – sources

FOOTBALL INSDER247

The Premier League are still investigating Chelsea for a potential rule breach after they sold hotels as assets for £77million, sources have told Football Insider.

The London outfit are understood to be on the brink of breaching financial regulations after their published 2022-23 financial results revealed they have suffered a loss of £90million.

Profit and Sustainability Rules state that top-flight clubs can lose a maximum of £105million over a rolling three-year period.

However, Chelsea have attempted to loophole the regulations by selling assets such as hotels to balance their PSR calculations.

They sold two hotels to a sister company also associated with the club’s ownership for a total of £76.5million to offset their major losses.

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