Chelsea face potential exclusion from European competitions due to concerns over compliance with UEFA’s financial regulations.
The European governing body has clarified its stance on registering income, raising questions about the West London club’s ability to meet these requirements, according to reports from The Sun.
UEFA closes loopholes which may affect Chelsea
UEFA has ruled out allowing clubs to register earnings from selling assets to sister companies.
This decision would have a direct impact on Chelsea, who have recently sold two of their hotels to a sister company for £76.5 million to offset losses.
The women’s team was also sold to the club’s parent company just before the end of the financial year in June.
UEFA has announced that it will prevent clubs from benefiting from income generated through the sale of assets to sister companies.
According to The Times, any sanctions or settlements resulting from a breach of UEFA’s financial rules would not impact Chelsea’s participation in this season’s Conference League.
However, if Chelsea fails to comply with these regulations, they could face a ban from European football next season, among other potential punishments.
Meanwhile, Sports Buddy reported in other news that the Blues fans have begged for a transfer ban after Premier League CEO Richard Masters gave an update on an investigation into the club.
