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5 months ago
34 ARTICLE AD
This year, the Premier League has not done any favors for the clubs which have not respected the rules of financial fair play. Nottingham Forest and Everton have already been penalized with points withdrawn for failing to comply with these rules and other clubs could follow. Chelsea are particularly in the hot seat and must balance their finances. The Premier League allows its clubs to make losses of up to £105 million a year ($134 million), except the Blues have a deficit of £249 million ($310 million) . To remain compliant with the Premier League’s profit and sustainability rules, the London club had to find savings.
As reported by Daily Mail, Chelsea sold two hotels to BlueCo, the company run by Chelsea owner Todd Boehly. The operation brought in 76 million pounds sterling (more than 88 million euros). With this season’s results, Chelsea will almost certainly have to sell a large number of players this summer to balance their books.
Written by:
Manu Tournoux is a passionate and knowledgeable football enthusiast with a special focus on French football. Born and raised in France, Manu discovered his love for the beautiful game at a young age and developed a deep understanding of the ins and outs of "Le Championnat." His French roots and extensive experience in football journalism have made him an invaluable asset to the French Football Weekly team.
 
 As an author for the website, Manu's expertise includes not only in-depth analysis of Ligue 1 and Ligue 2 matches but also insightful profiles of up-and-coming talents, detailed transfer news, and engaging coverage of the French national team. His captivating writing style and undeniable passion for the game have earned him a loyal following among our readers.
 
 When he's not crafting engaging articles for French Football Weekly, Manu enjoys attending live matches whenever he can, exploring football culture in various French cities, and engaging in spirited debates with fellow fans. Feel free to follow Manu on Twitter and interact with him as he shares his expert opinions, insights, and love for French football.
