Abramovich provided Chelsea with quarter of a billion last season to underwrite historic loss

7 January 2020

RA
Photo: Getty Images The amount of funding provided by the club's billionaire Russian owner increased to more than three times that of the previous season. Here seen at the Europa League final at Baku Olimpiya Stadion in Azerbaijan.

The amount of funding provided by the club's billionaire Russian owner increased to more than three times that of the previous season, Chelsea's financial statement for the 2018/19 season reveals.

Getting rid of Antonio Conte in favour of Maurizio Sarri ahead of last season cost the club almost £30 million, including the legal battle that followed over the amount.

Emil Gjerding Nielson nielson@offthepitch.com

Chelsea's owner, Roman Abramovich, provided the club with £247 million of funding last season, the club's just-published financial statement for the 2018/19 season reveals, perhaps putting an end to media speculation that the Russian billionaire has become indifferent to (and is thinking of parting with) the club.

The funding, provided by the club's parent company, Fordstam Limited, increased to almost three times that of the previous season, when it stood at £69.1 million. 

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