Risk assessment of covenant structures, comparable breach precedents (including Eagle Football Holdings), and the probability of technical default across the 22 Holdco / BlueCo 22 capital structure Prepared by: Paul Quinn, CWTE […]
The Analysis Series: Chelsea FC & BlueCo consolidated group structure, Report on cash flow, debt structure, squad valuation, transfer payables & receivables, and forward funding requirements
Date: July 23, 2026 Primary Sources: Companies House filings (Chelsea FC Limited, Chelsea FC Holdings Limited, BlueCo 22 Limited, 22 Holdco Limited, FY ended 30 June 2025); UEFA CFCB published settlement summary […]
The Analysis Series: A deeper look at Chelsea’s ownership, BlueCo 22 Limited & 22 Holdco Limited (Year Ended 30 June 2025)
Following on from my initial analysis of the Chelsea ownership, I thought a further look at the two companies, Blueco 22 Limited and its parent company 22 Holdco Limited would be […]