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Premier League’s fresh bid to close ‘Chelsea hotel’ loophole
Despite being defeated at annual meeting in June, Premier League wants another vote to prevent clubs selling assets to sister companies to comply with financial ruleswww.thetimes.com
The club declined to confirm how much income Chelsea FC Holdings registered as a result of the change of ownership, but insiders insisted the focus of the ownership change was to reposition the women’s team as separate to the men’s and that this was not an attempt to exploit another loophole for PSR compliance.