Chelsea’s Shocking PSR Decision Unveiled Despite Historic £262m Losses—What’s Really Happening?
That’s in spite of the club reporting a staggering pre-tax loss of £262m, which is more than any club in Premier League history.
Manchester City previously held that unwanted accolade, for their £197.5m loss way back in 2011.
The huge loss comes in a year where the club also reported massive revenue of £490.9m, which FourFourTwo understands is the second-highest in the club’s history.
Chelsea’s official statement on the matter insists the club remains in line with PSR guidelines and will not be hit with any punishments for breaching financial regulations. Clubs are allowed to lose up to £105m over a three-year period, but figures for that calculation are slightly different to pure pre-tax losses.
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