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Chelsea Loses $197M Despite Winning Champions League

Posted: Thu Dec 30, 2021 12:47 pm
by RealGM Wiretap

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