Premier League giants are facing point deduction punishment after news announced this morning. They have been caught and finally getting punished! 😳
Reports indicate that Chelsea may incur a points deduction as a consequence of breaching the Premier League’s Profit and Sustainability Rules. Following Todd Boehly and Clearlake Capital’s acquisition in May 2022, the club has spent close to £1 billion in four transfer windows, with the bulk occurring in the initial three. However, they refrained from further spending in January due to dissatisfaction with league regulations. Club management aims to comply with regulations by the June 30 accounting deadline, despite reported losses decreasing from £121.4 million to £90.1 million for the 2021-22 period, resulting in a total loss of £211.5 million. The rules stipulate that clubs cannot exceed £105 million in losses over three seasons, prompting plans for potential player sales by late May or early June, although the specific players to be sold are uncertain. Speculation suggests that Chelsea may face Premier League sanctions until the 2024–2025 season, with senior journalist Pete O’Rourke indicating potential punishment, including a points deduction, on the Inside Track Podcast. Although no formal charges have been made, Chelsea has previously been investigated for financial matters during Roman Abramovich’s tenure. BlueCo, Chelsea’s parent company, a US consortium, anticipates penalties for acknowledging financial discrepancies, potentially resulting in a points deduction akin to Everton’s eight-point penalty for two violations and Nottingham Forest’s four-point deduction. In addition to off-field challenges, Chelsea has struggled on the pitch, suffering defeats to Arsenal and drawing against Aston Villa in recent matches.
