6 + 2 Point Deductions

[Timbucktoo]

It's apparently because they just sell all their assets to connected companies. A couple of hotels and the whole women's team so far. Interesting to see what happens when they run out of things to sell...

They were partly copying straight from Blue Bill`s book of how not to run a football club. Difference is Blue bill flogged our assets to stay in control of things, where Chelsea are doing it to pump money into the club.

 

[Blue83]

I just don't get it, and I don't blame Chelsea at all as they know the loophole works and have exploited it twice now. Why haven't other teams clocked on? If you're somebody like Villa or Newcastle knocking on the top 4's door, you sell something for £300m and voilà you can go on a spending rampage to ensure you are challenging for the title next season. Why aren't other clubs doing the same as Chelsea?

We should be doing this, we could easily make a couple billion auctioning off Goodison seats on ebay to phantom bidders driving the price up against each other and it's all legit!

 

[formerly manx toffee]

Surely we can sell Goodison then?

To ourselves

 

[Taifi gorm]

Chelsea finances: Uefa to assess Chelsea accounts at end of season

Uefa will examine Chelsea's accounts, after the sale of its women's team to parent company BlueCo turned a pre-tax loss into profit.

www.bbc.com

Trickie dickie Masters.

 

[evo1878]

... won't they just sell them back at a much reduced price before selling them again at 10x the value? Seems to be legal.

Exactly