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The Premier League has cleared Chelsea's £76.5 million sale of two hotels to a sister company, providing a boost to their compliance with the league’s profit and sustainability rules (PSR), according to a report from ESPN.

In April, the West London club reported a loss of £89.9 million for the 2022/23 financial year, but the accounts showed the figure would have been £166.4 million had ownership of the hotels not changed from Chelsea FC Holdings Ltd to BlueCo 22 Properties Ltd.

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