Chelsea’s financial reports have emerged today into the public eye, and they have been widely reported by the press.
The Blues billionaire owner Roman Abramovich has not been seen around Stamford Bridge for the last couple of years due to issues with his UK VISA. This of course sparked concerns that the Russian had lost his interest in the club.
However, as Forbes report, during 2018 Abramovich actually pumped a massive £247 million in to the club, which should flat out kill off any concerns of a loss of interest that supporters might have had.
It also means that Chelsea are still dependent on Abramovich’s fortune to compete at the top of the English Premier League.
Forbes provided some accounts information…
They claim that In accounts for the year ending 30 June 2019, Chelsea reported losses before tax of £96 million, against profits of £60 million the previous year.
The club attributed the fall in revenue to only qualifying for Europa League, and not the Champions League, the top-flight of European football.