Chelsea value could boost Lady Magpies

NEWCASTLE United's valuation could increase as a result of Chelsea's women's side being worth £200m.

- By CIARAN KELLY

That is the view of Stefan Borson, who served as a financial adviser to Manchester City, after Chelsea sold their successful women’s side to a sister company to help comply with PSR rules.

The deal remains subject to top-flight approval - just as the sale of two club-owned hotels previously did before the value of the deal was reduced.

Chelsea have even confirmed the agreement contains a clause requiring an ‘adjustment to the consideration receivable in the event that the Premier League's determination of the fair market value differs from the £200m recognised’.