English Premier League: Chelsea announces losses of 140 million euros… before Bohli’s arrival
AndToday, in an official statement, Chelsea FC announced its financial results for the 2021/2022 season. English Premier League club confirms how The final outcome is conditional on the sanctions imposed on Roman Abramovich on March 10After the war broke out between Russia and Ukraine.
“The results for the year were affected by the sanctions imposed on the previous owner of the club on 10 March 2022. As a result of the sanctions, the club was forced to operate within the restrictions of a special license issued by the government in the United Kingdom, and these restrictions were in effect until the sale of the club closed on 30 May 2022.”
As Chelsea posted, The net loss is £121.3m (about €140m at current exchange rates). It should be remembered that the mentioned financial year does not include the arrival of Todd Bohle and the huge expenditures in the recent transfer markets.
On the other side, Turnover rose to £481.3m Up from £434.9m in the previous year (2020/21), largely driven by increased merchandising and ticket revenue.
In addition, Chelsea details how the club has invested £118m (€134 million at current exchange rates) in the squad during the 2021/2021 season, including renegotiation of contracts for players who have resided at Stamford Bridge. On the other side, The club made £123.2m in capital gains, or capital gainsincluding the departures of Tammy Abraham to Roma, Marc Guehi to Crystal Palace, Fikayo Tomori to Milan and Kurt Zouma to West Ham.
And what will come…
There is no doubt that the coming fiscal year raises expectations. This season 2022/23, Chelsea became the first team in history to pass 400 million transfers in a single tournament. The 460.5 left in 14 footballers serves them to make the whole eleven and exceed Abramovich’s last three seasons’ investment (410.2).
All, without making too many sales. For this reason, although it is expected that revenues will have increased and the collection of prizes (for example, the Champions League) is important, Losses recorded in 2022/23 should be even higher.