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‘Hedge fund with shin pads’ – Chelsea sell women’s team to THEMSELVES in loophole to dodge PSR punishment
CHELSEA have sold their women’s team to THEMSELVES in a loophole to dodge PSR punishment. The Blues today announced profits of £128.4million before tax – a huge increase on last year’s loss of £90.1m. Chelsea have sold their women’s team to themselves to avoid PSR punishmentAlamy It means they will go another year without being hit by any PSR sanctions after splashing over £1.2billion on new signings. THIS IS A DEVELOPING STORY.. The Sun is your go to destination for the best football, boxing and MMA news, real-life stories, jaw-dropping pictures and must-see video.Like us on Facebook at https://www.facebook.com/TheSunFootball and follow us from our main Twitter account at @TheSunFootball.
CHELSEA have sold their women’s team to THEMSELVES in a loophole to dodge PSR punishment.
The Blues today announced profits of £128.4million before tax – a huge increase on last year’s loss of £90.1m.
It means they will go another year without being hit by any PSR sanctions after splashing over £1.2billion on new signings.
THIS IS A DEVELOPING STORY..
The Sun is your go to destination for the best football, boxing and MMA news, real-life stories, jaw-dropping pictures and must-see video.Like us on Facebook at https://www.facebook.com/TheSunFootball and follow us from our main Twitter account at @TheSunFootball.
