FFP

[rougegorge]

Ah I can see this is also being debated on the Ozcan thread...

[tomd2103]

Uefa SCR is much more damaging than PSR is.

Particularly to us given our wage bill / turnover ratio.  I think it's much more restrictive than PSR.

[Percy McCarthy]

Uefa SCR is much more damaging than PSR is.

Particularly to us given our wage bill / turnover ratio.  I think it's much more restrictive than PSR.

Yes, definitely. We’ve pissed PSR by selling the women’s team and the Villa-Everton-Chelsea shenanigans. Unfortunately UEFA don’t take these into account.

The Warehouse might not fly with UEFA either.

[paul_e]

As I've mentioned a few times, Chelsea have effectively deferred things for a year. If you look at the actual reports here - https://www.uefa.com/running-competitions/integrity/club-financial-control-body/ - section 3 covers the difference. For us for 25/26 we have:

In the 2025/26 season, the Club will have a maximum Football Earnings deficit of
EUR 5 million for the reporting period ending in 2025 (“2025 Target”)

For Chelsea that line is for 2026 and instead they have:

In the 2025/26 season, the Club will have a maximum Football Earnings deficit for the
reporting period ending in 2025 equivalent to the projected deficit submitted in the
business plan (“2025 Target”)

So basically they are under 'watch' for an extra year but have been able to negotiate a much bigger potential loss this year as a result.

On top of that they've been given their annual Arsenal subsidy, whereas we're struggling to make sales.

[rougegorge]

As I've mentioned a few times, Chelsea have effectively deferred things for a year. If you look at the actual reports here - https://www.uefa.com/running-competitions/integrity/club-financial-control-body/ - section 3 covers the difference. For us for 25/26 we have:

In the 2025/26 season, the Club will have a maximum Football Earnings deficit of
EUR 5 million for the reporting period ending in 2025 (“2025 Target”)

For Chelsea that line is for 2026 and instead they have:

In the 2025/26 season, the Club will have a maximum Football Earnings deficit for the
reporting period ending in 2025 equivalent to the projected deficit submitted in the
business plan (“2025 Target”)

So basically they are under 'watch' for an extra year but have been able to negotiate a much bigger potential loss this year as a result.

On top of that they've been given their annual Arsenal subsidy, whereas we're struggling to make sales.

Thanks for the summary - they know how to play it. I guess they could almost just keep paying fines if they wanted to and they'd probably be able to withstand missing a European season as well somehow if they had to. 
They will still need to offload some players as they are still bound by the rule about not registering 'any new player on its List A to UEFA club competitions unless the List A Transfer Balance is positive'. They do have a lot of players they can sell though -  starting with Dewsbury-Hall.

[cdbearsfan]

Can we defer it if still in trouble next season?

[VillaTim]

How are Chelsea getting around all this?

By cooking the books .
9 year contracts for players .
Selling hotels for above MV
Selling women's team before the loopehole closed , again way above MV

[ChicagoLion]

How are Chelsea getting around all this?

By cooking the books .
9 year contracts for players .
Selling hotels for above MV
Selling women's team before the loopehole closed , again way above MV

As has been mentioned plenty of times, they have also been excellent at trading players.

[VillaTim]

How are Chelsea getting around all this?

By cooking the books .
9 year contracts for players .
Selling hotels for above MV
Selling women's team before the loopehole closed , again way above MV

As has been mentioned plenty of times, they have also been excellent at trading players.

Winning that trophy and qualifying for the ECL helps too . They have a whole army of players to trade which helps too .

[DC1874]

It's true they are top of player sales? That + WCC win is about £300M And Ithey don't even have a shirt sponsor?!

[Percy McCarthy]

How are Chelsea getting around all this?

By cooking the books .
9 year contracts for players .
Selling hotels for above MV
Selling women's team before the loopehole closed , again way above MV

When did the loophole close?

[Percy McCarthy]

If we have to show a positive transfer balance on this year’s A-list compared to last year’s before we can add players, can we even add Malen, Garcia, Buendia and Bizot? None of them were on it last season.

[paul_e]

If we have to show a positive transfer balance on this year’s A-list compared to last year’s before we can add players, can we even add Malen, Garcia, Buendia and Bizot? None of them were on it last season.

I think so. The wording of it in the actual uefa document seems to read that it's the entire costs not just transfer values, soon the saving on wages for Olsen and the loans should cover us adding in the new guys. Not much wiggle room after that though.

[Percy McCarthy]

If we have to show a positive transfer balance on this year’s A-list compared to last year’s before we can add players, can we even add Malen, Garcia, Buendia and Bizot? None of them were on it last season.

I think so. The wording of it in the actual uefa document seems to read that it's the entire costs not just transfer values, soon the saving on wages for Olsen and the loans should cover us adding in the new guys. Not much wiggle room after that though.

Righto. Yes, we should be good on overall costs.