Stefan Borson shares '£110m' Chelsea reveal after new deal agreed

Chelsea are facing a shortfall in profit of at least £100million as they look to avoid breaching the Premier League’s spending rules.

That is the view of finance expert Stefan Borson, who exclusively told Football Insider the London club either have “something up their sleeve” or they are ready to take whatever punishment comes their way for breaching the profit and sustainability rules (PSR).

Chelsea exploited a loophole last year by selling two Stamford Bridge hotels to a sister company for a total of £76.5million to offset their major losses.

The west Londoners posted a loss of £90million in the 2022-23 financial year alone, with current Premier League rules stating top-flight clubs can lose a maximum of £105million over a rolling three-year period.

Football Insider revealed on 20 June Chelsea have agreed a deal to sell defender Ian Maatsen to Aston Villa for £35million as they look to balance the books this summer.

Chelsea could sell assets to avoid PSR breach

But Borson revealed that won’t be enough to cover their losses and expects Stamford Bridge chiefs to have another plan in place before submitting their accounts on 30 June.

He told Football Insider: “I think Chelsea either have something up their sleeve in relation to tangible assets, so property or something like that or they will accept a failure of PSR and take whatever penalty comes.

“Clearly, selling Maatsen is great as it brings in £35million profit. It takes them to something like £110million for the year in player-trading profit.

“Their problem is because their losses are so extensive, before other tangible profits such as property sales, they need somewhere in the region of £200-£250million worth of profit.

“Even with the £110million they have bagged, they are still at least £100million short of profit.

“It looks to me as though it’s going to be very difficult for them to meet that in the next few days.

“I suspect they have got something up their sleeve as they did last year with the sale of the hotels, it’s just we don’t know what it is yet.”

In other news, winger could leave Chelsea as talks open over deal.

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