A potential Premier League investigation into the club's significant losses last season could prompt Chelsea to defend themselves by highlighting the shortfall in Antonio Rudiger's free transfer to Real Madrid. .
The west London outfit have revealed the team lost 121m in the 2021-22 season. Due to the transfer ban introduced after breaking 150 regulations, Chelsea only generated a profit of 32.5 million for the 2019-20 season. Last year they had a deficit of 153.4 million pounds.
The club could face criticism once again, as their three-year record total shows an adverse deficit of 241.9m, well above the maximum allowed amount of 241.9m. 105m under Premier League Financial Fair Play rules.
By blaming the government sanctions imposed on the club's former owner Roman Abramovich in March 2022, Chelsea has initiated a preventive attack to oppose any prospective fines related to their most recent financial situation.
When Vladimir Putin led the country to invade Ukraine in February of that year, the British government penalized a number of people, including the Russian tycoon Abramovich. According to the Daily Mail, as part of the club's efforts to defend the enormous losses, Chelsea, which Abramovich purchased in 2003, is anticipated to cite these limits as a reason for why Rudiger had to depart on a free transfer.
Chelsea said in a statement that "the fines issued on the Club's former owner on March 10, 2022 have had an influence on the results for the year." The Club was compelled to operate under the limits of a special licence provided by the UK government as a consequence of the penalties, and these limitations remained in effect until the conclusion of the Club's sale on May 30, 2022.
"The Club was constrained in a number of areas during this time, including, but not limited to, its ability to sell matchday and season tickets, merchandise, accept event bookings, as well as sign contracts with players and commercial sponsorship partners, which resulted in extraordinary expenses and loss of revenue."
Rudiger was officially announced as a Real Madrid player on 2 June 2022 after spending five years on Chelsea's books and winning five trophies during that time. Chelsea are not offering any transfer fees to the 29-year-old as his contract is about to expire; However, the Blues argued that Rudiger's deal was only allowed to expire because renewal talks were called off due to government sanctions.
Andreas Christensen joined Barcelona the same summer on a free transfer but arrived in Catalonia on 4 July 2022, outside the deadline of interest, and Chelsea believe they have reason to argue that the lack of a transfer fee has directly affect their losses for this season due to Rudiger joining Real Madrid before 30 June 2022 and thus in the 2021/22 financial year.
Chelsea have yet to receive any accusations from the Premier League or UEFA, which oversees European football and has its own financial fair play, but it is believed they are preparing for an examination. .
Chelsea initially argued that "...some of these restrictions are also expected to have a financial impact in the coming years due to the long-term impact of the restrictions on entering into new contractual arrangements". in an effort to protect against future financial difficulties.
blogpay
Total Comments: 0