30 August 2024 - 4:30 AM
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Friday briefing: Chelsea face challenge to meet UEFA’s financial rules on selling assets
- Panathinaikos given green light to build new €115 million stadium
Chelsea are facing a challenge to comply with UEFA’s financial rules after the European governing body confirmed it does not allow clubs to register income from selling assets to sister companies.
The spotlight has fallen on Chelsea after the club sold two hotels to a sister company for £76.5 million last June, while its women’s team was taken over by the club’s parent company in June this year.
As reported by The Times, UEFA confirmed that its rules did not allow for such trans
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