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Chelsea FFP: Finance expert predicts severe points deduction verdict if Premier League ‘reject loophole’

FOOTBALL365

Finance expert Kieran Maguire thinks Everton and Nottingham Forest are “right to be furious at Chelsea”, who could be given a severe points deduction.

Chelsea have invested heavily in recent transfer windows. They are understood to have spent over £1bn on signings since Todd Boehly‘s consortium completed its purchase of the Premier League giants in May 2022.

The Blues have spread out their spending by tying down their players to long contracts but they are still at risk of breaching the Premier League’s profit and sustainability rules.

Last week, a report from Football Insider claimed ‘the Premier League are still investigating Chelsea for a potential rule breach after they sold hotels as assets for £77million’.

‘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.

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

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