Chelsea seeks settlement with UEFA over FFP breach

Chelsea FC is currently in talks with UEFA regarding a potential breach of Financial Fair Play (FFP) regulations after posting a pre-tax profit of £128.4 million for the year ending June 2024. This profit includes a controversial valuation of £200 million for their women's team, which is being restructured as a separate entity, but UEFA does not count income from associated party transactions like this in their FFP assessments. Additionally, previous sales of two hotels to sister companies for £76.3 million will also be excluded from UEFA's calculations. Chelsea's financial strategy has raised concerns, as their total losses could exceed the €80 million maximum allowed over the past two years. The club's management acknowledges the situation and is reportedly prepared for potential financial penalties, with an official announcement expected soon. Overall, Chelsea must navigate these financial complexities while maintaining compliance with UEFA's stringent requirements.