Chelsea

30 December 2021 - 12:30 PM

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Alamy

Analysis: The Champions of Europe post €175 million loss – why doesn’t sporting success translate financially for Chelsea?

  • At the end of a very satisfying sporting year, last season’s Champions League winners find themselves €175 million in the red. 
  • Despite broadcasting deferrals and significant prize money from clinching the Champions League trophy back in June, the Blues post their biggest loss ever and have now accumulated more than €1 billion in losses since the Abramovich takeover.
  • The record-breaking Hazard sale to Real Madrid was a cushion for Chelsea’s operating deficit last year. But as profits from player sales declined almost 85 per cent, the club was left with a staggering deficit in 2020/21.

Almost exactly a year ago, Tuchel was appointed as the new manager of Chelsea Football Club, and the rest is history. 

The Champions of Europe were crowned as club of the year at last month’s Ballon d’Or ceremony and have arguably had one of their most successful years on the pitch in the history of the club. 

Yet, as the year draws to a close, the Blues have just announced their largest financial loss to date, in a season covering massive on-pitch success, highl

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