Chelsea FC Women is outlined in the attached (prior to 28 June 2024). Chelsea FC Women will now be below Blueco 22 Midco Ltd (next to Chelsea FC Holdings) in the diagram. On the surface, this indicates a related-party sale to help Chelsea FC Holdings satisfy PSR requirements. pic.twitter.com/zqUqTHeKKK

— Greg Cordell (@gregorypcordell) July 11, 2024