Chelsea announced this Monday in an official statement its financial results for the 2021-22 season. The Stamford Bridge club indicated that the final result was conditioned by the sanctions imposed on the now former owner of the entity, The Russian tycoon Roman Abramovich, on March 10, following Russia’s invasion of Ukraine. Abramovich is close to Vladimir Putin.
So, Chelsea said: “The year’s results have been affected for the sanctions imposed on the club’s former owner on March 10, 2022. As a result of the sanctions, the club was forced to operate within the limits of a special license issued by the UK government. These restrictions are in effect until the sale of the club is completed on May 30, 2022.
As Chelsea herself revealed, the net loss rises to 140 million euros. The said financial year does not include the arrival of Todd Boehly, the current owner of the club, and the costs of the last transfer markets.
Chelsea earned 140 million euross in capital gains or capital gains, including the departure of Tammy Abraham to Roma, Marc Guehi to Crystal Palace, Fikayo Tomori to Milan and Kurt Zouma to West Ham.
Besides, the turnover of the Stamford Bridge club increased to 547.6 million euros (in 2020-21 it will be 495 million). Among the main reasons, the increase in commercial revenue and ticket sales. Regarding the squad, Chelsea invested 134 million euros in it in 2021-22.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
