Chelsea Loses $197M Despite Winning Champions League
Posted: Thu Dec 30, 2021 12:47 pm
Chelsea have announced losses of £145.6 million ($197 million) after tax for the year despite winning the Champions League.
Chelsea\'s revenues were severely hampered by not playing matches in front of fans as well as a reduction in profit on player sales.
Chelsea’s turnover increased from £387.8 million to £416.8 million thanks to an increase in broadcasting revenue.
Via The Guardian