Chelsea Women are the most valuable women’s team in world football.
They were sold for £200million, surpassing the $250m (£188.5m) Willow Bay and Bob Iger paid to buy National Women’s Soccer League (NWSL) side Angel City in 2024.
The only issue with the price Chelsea Women was sold for was that they were bought by their parent company in a move that helped the men’s team comply with the Premier League’s profit and sustainability rules (PSR) in 2023-24.
Chelsea transferred ownership of their women’s team to Blueco 22 Midco Limited on June 28, just two days before the 2023-24 accounts were due to be registered, and booked a £198.7m profit from the sale.
The £200m sale is now being scrutinised by the Premier League from a fair market value perspective — and the profit Chelsea lodged as a result may be adjusted if they are deemed to have inflated Chelsea Women’s price.
The Athletic answers the key questions about the transaction…
What can we learn from Chelsea Women’s accounts?
For the financial year ended June 30, 2024, Chelsea Women generated £11.5m in revenues and made a loss of £8.7m.
Although a breakdown is not provided in the accounts, it is noted that a significant portion of the £11.5m in revenues comes via TV broadcasting and matchday income and…