Chelsea announce a loss of 145.6 million pounds, despite winning the Champions League

LONDON: Chelsea Football Club announced on Thursday an annual loss of 145.6 million pounds (173.5 million euros) for the year ending 30 June 2021, despite winning the Champions League. The club Londoner won the Champions League last May, beating compatriot Manchester City 1-0 in Porto. But while its turnover went from £ 387.8 million to £ 416.8 million thanks to an increase in television revenue, Chelsea said they were still suffering from losses from games played behind closed doors due to Covid. 19, in addition to the impact of his budget on lower profits on player sales. Chelsea continues to receive financial support from Fordstam Limited, a company controlled by the billionaire owner of the club Roman Abramovich, whose accounts say: “The company relies on Fordstam Limited for its continued financial support.” Chelsea announced on Thursday that they have signed three players for £ 109.7m, including Belgian international striker Romelu Lukaku, goalkeeper Marcos Petinelli and Spanish midfielder Saul. in loan from Atletico Madrid from 30 June. Chelsea added that they had sold 13 players for £ 103.7 million over the same period, and could get an additional £ 16.4 million if all previous transfer terms are met. Abramovich bought Chelsea in 2003 and oversaw the most successful era in the history of the club, during which he won five English Premier League titles and two European Champions League titles, where he completed the double “Blouse” League and FA Cup in the 2009-2010 season. (AFP)

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