Revealed: Chelsea owners bankroll £190m injection - official documents filed

Chelsea have received a £190million injection from their owners in the form of a new share issue, sources have told Football Insider.

As per a Companies House submission on Sunday (13 October), Chelsea’s parent holding company 22 Holdco Limited has issued 19 million shares.

The issuance was split between 12.5 million Class A ordinary shares and 6.5 million Class B ordinary shares.

Each share was purchased at £10 per one pence share, taking the total investment to £190million.

Another Companies House submission on Sunday from Chelsea’s immediate parent company BlueCo 22 Limited revealed 2,000 shares have been issued at a value of £95,000.

That means the £190million received by Holdco was pushed down to BlueCo.

It comes at a time when Chelsea’s finances have been firmly in the spotlight after they have been close to breaching the Premier League’s profit and sustainability rules (PSR) over the past couple of seasons.

The London giants posted a loss of £89.9million in their latest accounts for 2022-23, with the current financial rules stating top-flight sides can lose a maximum of £105million over a rolling three-year period.

Chelsea investment comes despite ownership issues

Chelsea exploited a loophole last year to help them bypass the PSR rules after selling two Stamford Bridge hotels to BlueCo for a total of £76.5million to offset their major losses for 2022-23.

The West Londoners’ parent company also purchased the club’s women’s team in June this year to circumnavigate the spending rules for 2023-24, with the transaction believed to be worth between £150-200million.

But the Premier League has been reviewing that sale to ensure it complies with rules around associated party deals and is fair market value.

The latest £190million investment from Chelsea’s owners has arrived at a time when boardroom tensions have been high at Stamford Bridge.

Bloomberg reported on 6 September the club’s chairman Todd Boehly wants to buy out Behdad Eghbali’s Clearlake Capital after relations between the pair have soured in recent months.

Clearlake secured a 61.5 per cent stake in the Premier League side following the £4.25billion takeover in May 2022, while Boehly and fellow billionaires Mark Walter and Hansjorg Wyss each hold 12.8 per cent shareholdings.

Despite the ownership issues, Boehly and Eghbali have been pictured together at recent Chelsea games following a good run of form.

Enzo Maresca’s side currently sit fourth in the Premier League table, but they face league leaders Liverpool on Sunday (20 October) at Anfield.

In other news, Chelsea’s stance on selling Christopher Nkunku revealed.

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