Premier League clubs will continue to have the option to sell assets, such as hotels, to affiliated companies and incorporate the resulting revenue into their profitability and sustainability calculations (PSR).

This decision follows a meeting held on June 4, 2025, where a vote to amend the existing regulations did not take place.

Chelsea previously utilized these rules by selling two hotels to a company connected to their ownership in 2023. The revenue generated was included in their PSR submission. The club also sold their women’s team to a related entity for nearly UK£200 million last year, contributing to a reported net profit of £129m for the year ending June 30, 2024.

The league’s regulations stipulate that all transactions with associated parties must be conducted at fair market value.

According to the PA news agency, the Premier League engaged with clubs regarding a proposal to vote on a rule change before the league’s annual general meeting on June 4.The proposed change aimed to exclude the sale of fixed assets from clubs’ PSR calculations. However, the proposal reportedly lacked sufficient support to proceed to a vote. Clubs were aware that no vote would occur during the meeting.

The Premier League approved Chelsea’s hotel sales, although the value was adjusted to a restated UK£70.5 million in their latest financial reports, down from an initial UK£76.5 million. The valuation of the women’s team is still under review.

In 2021, top-flight clubs decided against modifying the rules concerning the sale of fixed assets. This occurred around the same time that the English Football League (EFL) implemented stricter regulations for its clubs, following instances where some clubs included revenue from asset sales, such as stadiums, in their financial sustainability calculations. The issue resurfaced among Premier League clubs last summer, but the existing rules were maintained.

Under UEFA’s financial sustainability regulations, revenue from the sale of fixed assets cannot be included. It is indeed understood that Chelsea is currently in discussions with UEFA regarding a potential financial settlement.

“League rules do state, though, that such associated party transactions must be done at fair market value.”

Understanding Profitability and Sustainability Rules (PSR)

Profitability and sustainability Rules (PSR) are financial regulations designed to ensure the long-term viability of football clubs. These rules aim to prevent clubs from spending beyond their means and accumulating unsustainable levels of debt. They are crucial for maintaining competitive balance and preventing financial instability within leagues. The specific regulations and enforcement mechanisms can vary between different leagues and governing bodies.