Tag: hotel

4 September 2024 Off

Chelsea’s £76.5m hotel sale for PSR is cleared by Premier League

By Total Football News

Chelsea have been cleared by the Premier League for the sale of two hotels to a sister company to keep them compliant with profit and sustainability rules (PSR).

The Blues published their accounts in April, revealing the sale of the Millennium and Copthorne hotels next to Stamford Bridge for £76.5m in an effort to help them avoid a potential £166.4m loss, reducing it to an allowable £89.9m for the financial

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