The club's compliance hinges on rules allowing losses for spending on infrastructure, youth, and women's football to be added back, with the £105 million threshold applying over a three-year period. Financial transactions involving the women's team played a key role, as Chelsea generated almost £12 million in revenue by selling the Kingsmeadow stadium to Chelsea FC Women during the year ending June 2025, according to major media reports. 6 million from Chelsea FC Women is listed under related party transactions within the Chelsea FC Holdings accounts, with sources close to the club saying almost £12 million of that relates to the Kingsmeadow sale following independent valuation.
The value of the Kingsmeadow sale had been assessed and approved as being at fair market value by the Premier League under its associated party transaction rules, sources said. 3 million earned by the women's team as announced by the club on April 1, raising questions about the payment's full breakdown beyond the stadium sale. Chelsea originally bought Kingsmeadow from the owners of AFC Wimbledon in June 2016 for a reported £2 million.
In a separate move, Chelsea sold the women's team itself to a subsidiary company in 2024 for almost £200 million, major media reports indicate. 3 million showing in the books going the other way from Chelsea FC Holdings to Chelsea FC Women, is part of an inter-company agreement reached when the women's team was sold to Blueco Midco in 2024, but no further details of that agreement were revealed on Monday. Chelsea FC Women's full accounts are expected to be published on the Companies House website later on Monday, and the club declined to comment.