Latest news with #ChelseaWomen
Daily Mail
3 days ago
- Business
- Daily Mail
Premier League 'bids to close financial loophole that helped Chelsea comply with PSR regulations' by selling hotels and women's team to sister company
The Premier League will reportedly attempt to close a financial loophole that has previously helped Chelsea to comply with PSR regulations. The Blues have undergone a period of heavy spending since a Todd Boehly-led consortium took over the club in 2022, with an outlay of more than £1billion on transfers during that period. This has meant they have been under pressure to meet financial rules, but in recent years the Blues have sold their women's team and on-site club hotels to a sister company which helped them to satisfy regulations. Chelsea's women's team fetched £198.7m, while two hotels brought in £70.5m in profit. And, according to The Times, the Premier League is planning to try and close that loophole at the league's annual meeting on Tuesday and Wednesday this week. All 20 clubs are expected to be asked to vote on an alterations to rules that would state similar transactions would not be allowed to be declared as income for PSR purposes. For a measure to pass, 14 out of 20 clubs would have to vote in favour. The report goes on to say that the wording of any such proposal would be crucial, with similar attempts last year failing to go through due to this reason. It was felt the description was too broad and could lead to other unintended consequences in regards to selling assets externally. There is also said to be a feeling that if Chelsea have been able to benefit from the loophole then other clubs should be allowed to as well. The Premier League is still finalising how the proposed rule changes will be worded. The women's team figure is yet to be approved by the Premier League, although the club will argue that the recent eight per cent investment by Serena Williams' husband, Alexis Ohanian, values them at £245m. Meanwhile, the regulations in the Premier League are different to that of UEFA, with the European football governing body not accepting the sale of assets to sister companies as income. This means that the transfer of the Blues' women's team in the run-up to the 2023-24 finances deadline allowed Chelsea to post a £129.6m profit for the Premier League, whereas it was a £70.4m loss for UEFA. UEFA restrictions are also stricter in terms of limiting the losses a club can make and the amount that can be spent on wages, transfers and agents' fees in relation to club's revenue. Chelsea's finances did receive a major boost last month when they qualified for the Champions League, something that can be worth up to £100million in prize money. Their triumph in the Europa Conference League final also earned the club around £15m and gives the Blues wiggle room as they attempt to meet PSR restrictions this time around.
Fashion Network
28-05-2025
- Business
- Fashion Network
All-conquering Chelsea women's team names D Louise as first jewellery partner
British jewellery brand D Louise has linked with Chelsea FC Women as its first official partner, and for good reason. The high-profile team has just finished the domestic season unbeaten while winning all three domestic trophies and the tie-up will be a perfect platform to 'bring the brand's purposeful, tarnish-free pieces to fans and players alike'. Created to be worn 'through work, travel and exercise' and made from durable, waterproof materials built to be resilient, we're told the jewellery is 'timeless and designed for life'. From the 2025/26 season, fans will be able to purchase unique co-branded jewellery and attend watch parties co-hosted to support women's sport this summer. Players will also wear lines from its range on arrival at matches next season at its home ground Stamford Bridge, and at the Player of the Year Awards. 'More than a collaboration, the partnership is a meeting of shared values with strength and purpose defining both D Louise and Chelsea Women, on and off the pitch. A symbol of stability, movement and staying in the game, the jewellery… will represent both brands' commitment to purpose and perseverance,' the retailer said. Olivia Jenkins, founder of D Louise, added: 'This partnership means so much to me personally. [The brand] was created in memory of my mum, as a way to turn pain into purpose and create something strong, lasting, and full of meaning. To now align with Chelsea FC Women, a team that embodies that same resilience and heart, feels incredibly powerful. We're not just creating jewellery, we're telling a story of strength, of showing up, and staying in the game, no matter what life throws at you.'
Fashion Network
28-05-2025
- Business
- Fashion Network
All-conquering Chelsea women's team names D Louise as first jewellery partner
British jewellery brand D Louise has linked with Chelsea FC Women as its first official partner, and for good reason. The high-profile team has just finished the domestic season unbeaten while winning all three domestic trophies and the tie-up will be a perfect platform to 'bring the brand's purposeful, tarnish-free pieces to fans and players alike'. Created to be worn 'through work, travel and exercise' and made from durable, waterproof materials built to be resilient, we're told the jewellery is 'timeless and designed for life'. From the 2025/26 season, fans will be able to purchase unique co-branded jewellery and attend watch parties co-hosted to support women's sport this summer. Players will also wear lines from its range on arrival at matches next season at its home ground Stamford Bridge, and at the Player of the Year Awards. 'More than a collaboration, the partnership is a meeting of shared values with strength and purpose defining both D Louise and Chelsea Women, on and off the pitch. A symbol of stability, movement and staying in the game, the jewellery… will represent both brands' commitment to purpose and perseverance,' the retailer said. Olivia Jenkins, founder of D Louise, added: 'This partnership means so much to me personally. [The brand] was created in memory of my mum, as a way to turn pain into purpose and create something strong, lasting, and full of meaning. To now align with Chelsea FC Women, a team that embodies that same resilience and heart, feels incredibly powerful. We're not just creating jewellery, we're telling a story of strength, of showing up, and staying in the game, no matter what life throws at you.'
Fashion Network
28-05-2025
- Business
- Fashion Network
All-conquering Chelsea women's team names D Louise as first jewellery partner
Home › News › Business Download Print British jewellery brand D Louise has linked with Chelsea FC Women as its first official partner, and for good reason. The high-profile team has just finished the domestic season unbeaten while winning all three domestic trophies and the tie-up will be a perfect platform to 'bring the brand's purposeful, tarnish-free pieces to fans and players alike'. Created to be worn 'through work, travel and exercise' and made from durable, waterproof materials built to be resilient, we're told the jewellery is 'timeless and designed for life'. From the 2025/26 season, fans will be able to purchase unique co-branded jewellery and attend watch parties co-hosted to support women's sport this will also wear lines from its range on arrival at matches next season at its home ground Stamford Bridge, and at the Player of the Year Awards.'More than a collaboration, the partnership is a meeting of shared values with strength and purpose defining both D Louise and Chelsea Women, on and off the pitch. A symbol of stability, movement and staying in the game, the jewellery… will represent both brands' commitment to purpose and perseverance,' the retailer said. Olivia Jenkins, founder of D Louise, added: 'This partnership means so much to me personally. [The brand] was created in memory of my mum, as a way to turn pain into purpose and create something strong, lasting, and full of meaning. To now align with Chelsea FC Women, a team that embodies that same resilience and heart, feels incredibly powerful. We're not just creating jewellery, we're telling a story of strength, of showing up, and staying in the game, no matter what life throws at you.' Copyright © 2025 All rights reserved. Tags : Luxury Jewellery Luxury Business
Fashion Network
28-05-2025
- Business
- Fashion Network
All-conquering Chelsea women's team names D Louise as first jewellery partner
British jewellery brand D Louise has linked with Chelsea FC Women as its first official partner, and for good reason. The high-profile team has just finished the domestic season unbeaten while winning all three domestic trophies and the tie-up will be a perfect platform to 'bring the brand's purposeful, tarnish-free pieces to fans and players alike'. Created to be worn 'through work, travel and exercise' and made from durable, waterproof materials built to be resilient, we're told the jewellery is 'timeless and designed for life'. From the 2025/26 season, fans will be able to purchase unique co-branded jewellery and attend watch parties co-hosted to support women's sport this summer. Players will also wear lines from its range on arrival at matches next season at its home ground Stamford Bridge, and at the Player of the Year Awards. 'More than a collaboration, the partnership is a meeting of shared values with strength and purpose defining both D Louise and Chelsea Women, on and off the pitch. A symbol of stability, movement and staying in the game, the jewellery… will represent both brands' commitment to purpose and perseverance,' the retailer said. Olivia Jenkins, founder of D Louise, added: 'This partnership means so much to me personally. [The brand] was created in memory of my mum, as a way to turn pain into purpose and create something strong, lasting, and full of meaning. To now align with Chelsea FC Women, a team that embodies that same resilience and heart, feels incredibly powerful. We're not just creating jewellery, we're telling a story of strength, of showing up, and staying in the game, no matter what life throws at you.'
