England's post-Kane era finally looks far more rosy

It's too easy for Ramirez! Clinical Chelsea look ominous

How it feels to beat Lionel Messi

Online Soccer Betting: Our 2024 Guide

The best Premier League loanees of the season so far

Kroos opens door to Real Madrid return 

Ronaldo stunner the cherry on top for five-star Portugal 

Szoboszlai in tears as Netherlands vs Hungary is halted

Man City write to rest of Premier League over 'unlawful' rules

Van Nistelrooy applies for head coach role with English club

Van Nistelrooy left 'devastated' by Man Utd exit

Alexander-Arnold making January move to Real Madrid ‘impossible’

Man Utd confirm Ruben Amorim's coaching staff

Manchester City

Manchester United

Liverpool

Arsenal

Chelsea

Other

Article continues belowArticle continues belowArticle continues below<script type="application/json" data-placement="fcplayer-semantic">{"type":"fcplayer-semantic","data":{"embedCode":"//cdn.fcp.codes/embed-code-template/embed-code-template.js#SEMANTIC_5704afb8-c10b-4ba5-9cb4-d7fb6098ef90"}}</script><ul><li>Sold two hotels to sister company</li><li>Eased PSR breach concerns</li><li>Rivals react with exasperation</li></ul>

Revealed: Chelsea's Premier League rivals left in disbelief as Blues ease financial problems with £76.5m hotel sale

Premier League

Leicester

According to <a href="https://www.theguardian.com/football/2024/apr/19/chelseas-765m-hotel-deals-raise-questions-over-psr-compliance" target="_blank">The Guardian</a>, Chelsea's sale of two hotels to a sister company has been met with "exasperation" from rival clubs. In accounts published last week, the Blues had losses of £89.9m (€104.3m/$111.2m) in the last financial year. If not for £76.5m (€88.7m/$94.6m) sale from Chelsea FC Holdings Ltd to Blueco 22 Properties Ltd. (both subsidiaries of Chelsea’s holding company, Blueco 22 Ltd), that figure would have been £166.4m (€193m/$205.8m).

WHAT HAPPENED?

The Premier League did not block the sale but Chelsea's exploitation of a loophole was met with "raised eyebrows" in some quarters and incredulity from one unnamed club executive.<a href="https://www.goal.com/en-gb/lists/hit-or-miss-chelsea-320m-january-transfer-window-2023/blt461a3c794f129bdc" target="_blank"> The Stamford Bridge club's finances have been under scrutiny since Todd Boehly and Clearlake Capital bought the club in 2022, with over £1 billion spent on transfers since</a>. It is expected further player sales will be required to comply with PSR regulations.

THE BIGGER PICTURE

The hotels in question were built as part of the Chelsea village development completed in 2001 under Ken Bates. Both were scheduled to be demolished as part of a vast stadium redevelopment after Roman Abramovich purchased the club but the plan was later abandoned.&nbsp;

DID YOU KNOW?

While there remains many off-field questions at Chelsea, attention turns to on-field matters on Saturday.<a href="https://www.goal.com/en-gb/news/manchester-city-vs-chelsea-live-stream-tv-watch-fa-cup-semi-final/blt03c89642daf956d4" target="_self"> Mauricio Pochettino's side will be looking to make a second domestic final this season when they take on Manchester City in an FA Cup semi-final at Wembley.</a>

WHAT NEXT FOR CHELSEA?

Revealed: Chelsea's Premier League rivals left in disbelief as Blues ease financial problems with £76.5m hotel sale | Goal.com Australia

Chelsea eased their financial position with the sale of two hotels for £76.5m (€88.7m/$94.6m) in a move that has led to questions from other clubs.

Revealed: Chelsea&apos;s Premier League rivals left in disbelief as Blues ease financial problems with £76.5m hotel sale