The position was strengthened in the previous financial results by the sale of two hotels by Chelsea FC Holdings Ltd to BlueCo 22 Properties Ltd, a deal between companies under the control of the Todd Boehly and Clearlake Capital ownership.
That £76.5m sale meant Chelsea made a loss of £89.9m instead of £166.4m in their 2022-23 accounts.
Chelsea may have made an even greater gain with the sale of the women's team to BlueCo, with that 2024 transaction worth either part or all of the £198.7m "profit on disposal of subsidiaries" mentioned in the club accounts.
Without that, Chelsea would have operated at a large loss.
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Nothing to see here lads, Chelsea register profit after selling their women's team to themselves.
Imagine if we had the luxury of the same gaming with our vastly superior and more valuable women's team.
No way this would pass in LaLiga. Well maybe if Uncle Flo did it. But not in Catalonia.
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But on a tangent, if we could de-load the Basketball team from the club accounts at 51-49% as that is a 40-50m / year loss maker that would be huge.
Or going by the Chelsea numbers sell the women's side 51-49% for 200m+.