Chelsea FC to be allowed £30mn cash injection from parent company

Chelsea's parent company is to be allowed to inject up to £30mn into the football club to help the Premier League side "Resolve any cash flow or liquidity issues". "The club still has certain obligations it needs to meet [and] giving the club access to cash flow from the parent company is the most appropriate way of making sure those obligations can be met." "The government has today made alterations to the licence to Chelsea Football Club so that fans will be able to access tickets to away matches, cup games and women's fixtures," said UK sports minister Nigel Huddleston. "The Premier League said:"The revised licence allows fans to attend Chelsea FC games; Chelsea fans to travel to away Premier League fixtures and Chelsea fans to attend the FA Cup, Uefa Champions League and WSL games. "The Premier League will receive and hold any revenue from the sale of these tickets that would normally have gone to Chelsea. Chelsea FC have requested and the Premier League agreed that this revenue will be donated to charity to benefit victims of the war in Ukraine."

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