Chelsea confident they won't fall afoul of PSR rules

Chelsea's owners are understood to be extremely confident they will face no charge in relation to their end-of-year submission under the Premier League’s profitability and sustainability rules (PSR).

The Blues have invested huge sums in the transfer market since a consortium featuring billionaires Todd Boehly and Behdad Eghbali took over the club in the summer of 2022, and posted losses of £90.1million for the year ending June 30, 2023, following on from a loss of £121.4m the previous year.

Despite that, sources close to Chelsea are completely confident and relaxed that the club are compliant with the PSR, which allow maximum permitted losses of £105m over a three-season period.

Teams with aggregate losses in their 2021-22 and 2022-23 accounts must submit a PSR calculation to the league no later than December 31 regarding their 2023-24 accounts.

If clubs are determined to have exceeded the maximum loss figure, the league must issue a complaint no later than 14 days from the December 31 submission deadline, and refer clubs to an independent commission under the league’s 'standard directions’ for dealing with PSR cases which were voted through by clubs in the summer of 2023.

Last season, complaints were issued against Everton and Nottingham Forest on January 15, with both cases fully completed before the end of the season.

Investment in infrastructure, academies, charity foundations and women’s football are all items which can be treated as ‘add backs’ in a club’s PSR calculation.

Sources close to Chelsea insist they have followed all Premier League regulations. Those regulations currently permit profit from the sale of ‘fixed tangible assets’ to associated parties to be included in a club’s revenue calculation, provided those