Chelsea ‘at risk of European ban’ as financial loophole used by Todd Boehly is thrown out by UEFA [Video]

Chelsea risk being banned from European competitions thanks to a new financial rule.

The Blues are facing a challenge to comply with UEFA’s financial rules after the European governing body confirmed its stance on registering income.

According to The Times, UEFA will not allow clubs to register earnings from selling assets to sister companies.

This is a loophole co-owner Todd Boehly and Clearlake have used having sold two of Chelsea‘s hotels to a sister company for £76.5million.

Meanwhile, the women’s team was sold to the club’s parent company two days before the end of the financial year in June.

The Premier League is yet to close these loopholes, meaning Chelsea have been allowed to register the sales as registered income.

But UEFA will take a tougher stance, something that could cause problems for Chelsea down the line.

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