Chelsea announcement concerning their astounding £128.4 million profit has been pretty much muffled by the claim that they made this profit ‘selling’ the women’s team to themselves. That is absurd, to say nothing of the confusion, and let us just go a little further investigating what has happened.
Yet Chelsea was pressing the team into winning glory so that they would be almost a monopoly in every aspect of the women’s game. Now, this year, something different took place.
What Was the Chelsea Women’s Team Sale?
This year, Chelsea sold their women’s team to another entity. The odd part is that this particular entity is also owned by Chelsea! In simple terms, they just transferred the team into another arm of the club.
So this new accounting maneuver resulted in a profit of £128.4 million for the club. Moving around pocket money and then saying it has been earned is rather childish.
This frankly had the fans and analysts scratching their heads. They are now asking- how can one sell to oneself and make a profit?
Did The Women’s Team Sale Bring Profit?
Mostly it is selling the much-needed object away to another person for cash, which the seller very desperately needs. This is basically what Chelsea ought to have to sell their women’s team onto a company they owned, evidently to receive no real cash.
Some call it yet another manipulation; so little events brighten their accounts; others see it as a clever way to remain within all the football financial regulations.
Chelsea Women: A Growing Brand
They are bound to grow every year, failing to win on the pitch alone but off it too. More and more fans now watch the games, buy shirts, and follow them on social media.
This was exactly how the club highly valued the women’s side as it stands now. They were things that were used to explain the sale very simply and the fact that the team was a valuable and integral part of the whole Chelsea brand.
What Chelsea Said about the Women’s Team Sale
Chelsea has said they are doing it to cooperate with regulations regarding fair play finance in the sport. By this, we mean the club spends according to its earnings.
That way, Chelsea would have created nearly a distribution amount after transferring their women’s team onto themselves. It was more an illusion of a compliant operation, but the club calls it “fair” and kept within “the rules.”
Authors Opinion
I view it as somewhat intelligent yet a tad unfair because, as I deem, Chelsea uses this team merely to solve multitudes of problems for the club. A clean honest game goes well worth fighting for. One does not sell something to another and makes up the difference with calls for profit.
With Sam Kerr and Fran Kirby being a part of the action and a reputable coach in the long-respected Emma Hayes, it is not hard to see Chelsea becoming one of the better teams in the world.
Conclusion
These women are good and deserving of all attention and support, but then the picture of using that team to help solve financial problems is not right. For the supporters, these things are a tough mind-bender and frustrating all.
Be sure other clubs are going to want to do the same if that were the case. Then surely football shall not create any inspiring game, but most numbers in gambling and tricks on the field.
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