CHELSEA have sold their women’s team to THEMSELVES in a loophole to dodge PSR punishment.

The Blues today announced profits of £128.4million before tax – a huge increase on last year’s loss of £90.1m.

Three Chelsea Women's football players talking on the pitch.Chelsea have sold their women's team to themselves to avoid PSR punishment

It means they will go another year without being hit by any PSR sanctions after splashing over £1.2billion on new signings.

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