Chelsea could land devastating ban as chiefs stamp out loophole – sources

Chelsea could land devastating ban as chiefs stamp out loophole - sources

Uefa’s financial regulations will likely exclude money generated by Chelsea for selling their Cobham Training Ground, sources have told Football Insider.

The Blues appeared to have loopholed Premier League Profit and Sustainability Rules by selling their training ground to their owners.

As revealed by finance expert Stefan Borson, Chelsea have attempted to sell their training ground in an intra-company transaction to circumnavigate financial regulations.

The deal, which is expected to cover a £200million gap in Chelsea’s PSR calculations, is subject to a Fair Market Value assessment.

While the Premier League does not have any regulations in place to stop Chelsea from completing the deal to balance their books, sources have told Football Insider that Uefa will adopt a tougher stance.

Uefa could stamp out Chelsea training ground loophole

Uefa’s financial regulations are more strict than those in the Premier League, with clubs allowed to lose a maximum of around £51million over three seasons compared to £105million in the Premier League.

Mauricio Pochettino’s side are on track to qualify for European competition next season, but the Londoners are projected to struggle with the financial regulations.

Should Chelsea breach Uefa’s rules next season, they could face a short-term ban from all European competitions.

Chelsea have previously been fined by Uefa for breaching Financial Fair Play, but it is understood that their current situation shares similarities to that of Juventus prior to their competition ban last summer.

In other news, Conor Gallagher makes mind up on Newcastle United move – sources

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