They can:
They cannot:
The key part in the license: "Any funds which the Club receives must be frozen due to the asset freeze on (Roman)".
tl;dr existing contracts will be honoured, incoming funds will be frozen. They cannot enter any NEW financial agreements. The license will be reviewed again in May. If Chelsea runs out of money and cannot repay its debtors before then, they will go into administration and receive a 9pt deduction.
Gov.uk source
- Pay the wages, allowances and pensions of all employees of the Club, including players, coaching, corporate and administrative staff
- Pay fees, dividends or other allowances to directors of the Club except Roman
- Continue the payment necessary for the ongoing regular maintenance of the Club and the Club’s grounds, including rates, council tax, other taxes, insurance building safety inspection costs, energy costs and other maintenance costs associated with the maintenance of the Club’s ground and training grounds
- Pay reasonable costs of travel to and from fixtures for players and essential staff including costs for security staff, travel agencies or contractors. These costs include travel, accommodation and subsistence costs, but may not exceed £20,000 per game
- Make payments for the hosting of fixtures, including security, stewarding, emergency services and catering, not exceeding the value of £500,000 per fixture
- If you're attending a match at Stamford Bridge, you can still buy food and drink
- Continue to make inter-club payments for existing player loan and sale agreements
- Receive payments from match broadcasts
- Receive fees from EFA, PL, and UEFA for performance
They cannot:
- Sell new merchandise provided by a 3rd party. 3rd parties who already have merchandise can continue to sell them, but Chelsea will not receive funds.
- Produce new merchandise unless there is an existing agreement pre-sanction
- Sell new tickets to home or away matches. Existing ticket holders can continue to attend, including season ticket holders and those who have already purchased a ticket pre-sanction.
- Pay for new stadium capital works or refurbishments
- Buy, sell, loan, transfer, or otherwise enter any agreement for players (current players cannot be recontracted, and new players cannot be bought)
- Sign or recontract sponsorships
- Be sold to a new owner
The key part in the license: "Any funds which the Club receives must be frozen due to the asset freeze on (Roman)".
tl;dr existing contracts will be honoured, incoming funds will be frozen. They cannot enter any NEW financial agreements. The license will be reviewed again in May. If Chelsea runs out of money and cannot repay its debtors before then, they will go into administration and receive a 9pt deduction.
Gov.uk source
And all the games left at Stamford Bridge with no away fans. Do they want them BCS too?
