Chelsea news: Do Blues have sustainable PSR plan?

In the newest edition of the Football Extra Newsletter, BBC Sport senior football correspondent Sami Mokbel has been answering your questions.

James asked: How is Chelsea’s policy of selling assets to themselves to record a profit and help their PSR position allowed? First it was a hotel and now it’s the women’s team.

Sami replied: It’s a great question but with both the Premier League and Uefa still to approve the £200m valuation of the women’s team (a figure that would be a record), I think it’s best to tread carefully here. It is fair to say that many are at least asking if it is a fair valuation. It is closest in valuation to Angel City which was sold for £190m – a record in women’s sport – but they make a £30m year profit, whereas Chelsea’s women’s team made a loss in their most recent accounts. If it is deemed that the valuation is too high, Chelsea will be in real danger of breaching PSR.

For an excellent analysis of where we are with Chelsea’s accounts and the values of these sales I recommend checking out Nizaar Kinsella’s work here. It is four minutes very well spent.

However, I find another element fascinating and that is the long-term impact. Clearly you can only sell something once, and those hotels and the women’s team have gone.

Chelsea’s approach would seem to be that these sales help them now, presumably they see Champions League football as giving a huge financial boost in future seasons to increase revenue. Maybe a few of the players bought in can be sold too. But, they currently sit outside the Champions League places, how damaging would not qualifying be? Would they have to find something else to sell? A car park? The club shop? How much would a hot dog stand fetch?

Does the approach feel like kicking a can down the road?

You can read more from Sami by signing up to the Football Extra Newsletter here