Stefan Borson: Chelsea will be forced to repeat £190m payout

Chelsea will be forced into new share issues every time they need cash in the transfer market or for infrastructure developments.

That is the view of finance expert Stefan Borson, who exclusively told Football Insider that he expects the Blues to issue new shares regularly in the future.

As per a Companies House submission on 13 October, documents show 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.

The investment comes as Chelsea face scrutiny over their huge transfer spending and with tensions high in the boardroom between Todd Boehly and Behdad Eghbali.

Chelsea share issues to become new normal, says Borson

Borson suggested share issues will become normal at Stamford Bridge.

He told Football Insider: “Chelsea will have to keep doing this.

“If they were to get busy in the transfer market or with a stadium or training ground redevelopment, that will require an influx of cash.

“It will come in the form of equity.

“It will go in at the top at Chelsea Holdings, and you’ll see the money trickle down through the filings as they distribute it to the subsidiaries who need the cash.

“None of this is a surprise, and it’s really just paying the bills for Chelsea.”

In other news, Cole Palmer makes Man City transfer decision.

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The post Stefan Borson: Chelsea will be forced to repeat £190m payout appeared first on Football Insider.