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Chelsea ‘breach UEFA limits on financial losses’, could be banned from Europe

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Chelsea have breached UEFA limits on financial losses, according to the UK Times.

On Monday, the Blues posted a net profit of almost £130 million in their latest accounts published.

This profit was arrived at after they sold their women’s team to their sister company.

A statement on Chelsea’s website however didn’t specify how much the women’s team was sold to BlueCo, the holding company used in Todd Boehly and Clearlake Capital’s takeover three years ago.

It only noted that “profit on disposal of subsidiaries” was £198.7 million .

The move helped Chelsea avoid breaching the Premier League’s Profit and Sustainability Rules last season.

But the loophole has been rejected by UEFA and means the Blues have overspent and are now set to be punished.

It is reported that the Blues are now in talks with UEFA over a financial penalty and having to follow a spending plan for the next three seasons.

 

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2026 World Cup: Super Eagles waiting for FIFA’s decision – Iwobi

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Super Eagles playmaker, Alex Iwobi, has admitted they are waiting to see if the team would still play at the 2026 World Cup.

The Nigeria Football Federation, NFF, is optimistic of a potential lifeline from FIFA, after it submitted a petition against the Democratic Republic of Congo.

Iwobi was asked by SuperSport if he would rather lift the AFCON 2025 trophy or qualify for the World Cup?

The 29-year-old, who played at the 2018 of the World Cup, replied: “I mean we’re still waiting, well hopefully we can go to the World Cup, but I feel it’s a tough one.

“It’s a tough one because winning AFCON is like… It’s a great legacy, it’s a great thing to have like in your career, a memorable moment.

“But then at the same time, because I’ve been to the World Cup already, a lot of the players haven’t been. They would like to say ‘I want to go to the World Cup,’ so I can’t be selfish and say win the AFCON and for my teammates to not go to the World Cup. So it’s a tough one. I don’t know. I don’t know.”

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PRESIDENT TINUBU CONDOLES WITH SAMUEL CHUKWUEZE OF THE SUPER EAGLES ON THE PASSING OF HIS MOTHER

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President Bola Tinubu sends his condolences

to Super Eagles forward Samuel Chukwueze on the passing of his mother.

The President also extends his sympathies to the family and friends of Mrs Sarah Chukwueze, who passed away on Thursday.

President Tinubu mourns with the Chukwueze family and encourages them to find solace in the memory and legacy of their late matriarch.

“The passing of Mrs Chukwueze, the mother of one of our bright football stars, just a few days after the passing of Super Eagles’ captain Wilfred Ndidi’s father, is deeply saddening.

I mourn with them, and I am with them in prayers during this difficult time,” the President says.

President Tinubu prays that God Almighty will grant the departed eternal rest.

Bayo Onanuga
Special Adviser to the President
(Information and Strategy)

 

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EPL: Arsenal’s starting XI against Man Utd unveiled

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Arsenal’s starting XI to face Manchester United in the Premier League on Sunday evening has been unveiled.

Arsenal manager Mikel Arteta opted to start Gabriel Jesus ahead of Viktor Gyokeres to lead the Gunners’ attack against the Red Devils.

This comes after Jesus scored a brace against Inter Milan in the Champions League in midweek.

The Brazilian will be assisted by Bukayo Saka and Leandro on the wings.

In midfield, Declan Rice and Martin Odegaard return to join Martin Zubimendi.

Arsenal’s starting XI: Raya, Timber, Gabriel, Saliba, Hincapie, Rice, Zubimendi, Odegaard, Saka, Trossard, Jesus.

Substitutes:  Arrizabalaga, Mosquera, White, Lewis-Skelly, Merino, Eze, Martinelli, Madueke, Gyokeres.

The kick-off time for the match is 5.30 pm.

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