<p><&sol;p>&NewLine;<div>&NewLine;<p><a target&equals;"&lowbar;blank" href&equals;"https&colon;&sol;&sol;gistreel&period;com&sol;tag&sol;chelsea"><strong>Chelsea<&sol;strong><&sol;a> are facing possible fines and a ban from European competitions after UEFA rejected their attempt to offset financial losses&period;<&sol;p>&NewLine;<p>This comes after the club included the <strong>£200 million sale of their women’s team to a sister company&comma; BlueCo<&sol;strong>&comma; as legitimate income&period;<&sol;p>&NewLine;<p>The sale&comma; alongside two hotels&comma; helped Chelsea stay within the Premier League’s profit and sustainability limits&comma; avoiding domestic sanctions despite over £1 billion spent under co-owner Todd Boehly&period;<&sol;p>&NewLine;<p>But UEFA has refused to recognize the transaction&comma; citing rules that exclude intra-company asset transfers from permissible revenue&period;<&sol;p>&NewLine;<p>As it stands&comma; Chelsea’s three-year losses total £358 million&comma; well beyond UEFA’s allowable threshold of €200 million &lpar;£170m&rpar;&period;<&sol;p>&NewLine;<p>The governing body has now entered negotiations with the club&comma; which could result in a settlement payment and a mandatory three-year spending plan&period;<&sol;p>&NewLine;<p>Failure to comply could trigger a one-season ban from European competition&period;<&sol;p>&NewLine;<p>The outcome of UEFA’s deliberation is expected in May&period;<&sol;p>&NewLine;<p>Compounding Chelsea’s financial strain is UEFA’s updated cost control regulation&period;<&sol;p>&NewLine;<p>The current cap that allows clubs to spend 80&percnt; of revenue on transfers&comma; wages&comma; and agent fees will drop to 70&percnt; from next season&comma; tightening the screws further&period;<&sol;p>&NewLine;<p>Chelsea will need to make significant structural and operational adjustments to avoid severe penalties&period;<&sol;p>&NewLine;<p><&excl;-- CONTENT END 1 --><&sol;p><&sol;div>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;gistreel&period;com&sol;chelsea-risk-uefa-sanctions-after-200m-womens-team-sale-rejected-as-income&sol;" previewlistener&equals;"true">Source link <&sol;a><&sol;p>&NewLine;

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