Fantastic writing. So if Mr Masters and the current PL board are removed post the 115 outcome (or the external football regulator established) this may be bad for Chelsea? Presumably there is scope for revisiting this sleight of hand?
My understanding is that one of the reasons there’s a noticeable discrepancy in Chelsea’s financial figures could be due to different reporting periods. Chelsea seems to use the football season (July to June) as their financial year, whereas UEFA calculates based on the calendar year (January to December). Could that be why the numbers don’t fully align?
Thanks. No - the different UEFA tests use different information. Football earnings is to 30 June and the Cost Control test is a calendar year test. The UEFA report numbers are the 30 June numbers
Wonderfully clear explanation. Well done.
Thanks
Fantastic writing. So if Mr Masters and the current PL board are removed post the 115 outcome (or the external football regulator established) this may be bad for Chelsea? Presumably there is scope for revisiting this sleight of hand?
Thanks.
No. It can't be retrospectively be revisited.
Great article!
My understanding is that one of the reasons there’s a noticeable discrepancy in Chelsea’s financial figures could be due to different reporting periods. Chelsea seems to use the football season (July to June) as their financial year, whereas UEFA calculates based on the calendar year (January to December). Could that be why the numbers don’t fully align?
Thanks. No - the different UEFA tests use different information. Football earnings is to 30 June and the Cost Control test is a calendar year test. The UEFA report numbers are the 30 June numbers
Thank you