Chelsea given huge financial boost after being allowed a £30m cash injection by their parent company – which will cover player salaries for a full month
- The Treasury have given parent company Fordstram permission to inject funds
- Amendments to the club’s special trading licence were made on Wednesday
- Chelsea’s monthly wage bill is thought to be around £28million
- Supporters can now purchase tickets for all away fixtures this season
- Revenue from the tickets sold will go to organisers or Ukraine charities
Chelsea have been given a financial lifeline by the Treasury after they were told the club’s parent company can inject £30million to resolve immediate cash flow problems.
Following Russia’s invasion of Ukraine, Chelsea owner Roman Abramovich saw his assets frozen over his ties to the Kremlin and Chelsea were effectively prohibited from trading.
But amendments to the club’s special licence were made on Wednesday, including allowing fans to buy tickets for away matches in the Premier League, FA Cup and Champions League.
Chelsea have been given a financial boost with a cash injection of £30m allowed to be paid
Supporters can now buy tickets to watch the Blues in away games across all competitions
It also permits parent company Fordstam to inject funds to pay player salaries and other outgoings ahead of their expected sale.
Chelsea’s monthly wage bill is thought to be around £28m, so this buys them a month’s grace.
Significantly, fans will now be able to buy FA Cup semi-final and Champions League tickets, with revenue either going to the organisers of those tournaments or to Ukraine charities.