Chelsea have reported a pre-tax loss of £90.1million ($114.8m) in their accounts for the 12-month period ending on June 30, 2023.
The loss, down from £121.4m in the previous financial year, raises fresh questions about Chelsea’s ability to remain compliant with the Premier League and UEFA’s financial regulations, though the club insist they will do so.
Chelsea’s overall turnover for the year actually rose to a club-record high of £512.5m, buoyed by commercial revenue increasing to £210.1m and matchday income rising to £76.5m with the club once again being allowed to operate freely after the sanctions imposed by the UK government to force Roman Abramovich to sell in 2022.
Broadcast revenue, however, fell to £225.9m from £235m in 2021-22 despite Chelsea reaching the Champions League quarter-finals last season, due primarily to a significantly lower payment from the club’s 12th-placed finish in the Premier League.
What was announced on Thursday?
BlueCo 22 Limited, the parent company set up by the ownership group led by Todd Boehly and Clearlake Capital after their takeover of Chelsea in May 2022, reported a massive pre-tax loss of £678.2m for the year ending June 30, 2023 “driven by investment in Chelsea men’s and women’s playing squads”.
The number that has…
 in their accounts for the 12-month period ending on June 30, 2023. The loss, down from £121.4m in the previous financial year, raises fresh questions about Chelsea’s ability to remain compliant with the Premier League and UEFA’s financial regulations, though the club insist they will do so. Chelsea’s overall turnover for the year actually rose to a club-record high of £512.5m, buoyed by commercial revenue increasing to £210.1m and matchday income rising to £76.5m with the club once again being allowed to operate freely...){kind=link}