Chelsea sought to sell Cobham HQ to beat FFP

Football
14 May 2024 • 8:59 AM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Chelsea have attempted to sell their own Cobham training ground to comply with financial regulations.

The Blues are so desperate not to fall foul of the Premier League's Profit and Sustainability Regulations (PSR).

Per The Mail, the club's operating loss of 249 million is a significant issue moving forward.

Initially, the club had been expecting to flog first team players, especially academy graduates.

However, there is now a suggestion they may be looking to raise cash in another way.

Former football finance advisor Stefan Borson claims on X that an application inquiry was made by the club to sell the training ground.

What is even more unusual is the club are attempting to bypass financial regulations by selling the facility to themselves!