Chelsea record loss despite increase in revenue for fourth consecutive year

2 January 2020

Chelsea, Stamford Bridge
Photo: Getty Images Despite winning the Europa League and finishing third in the Premier League, Chelsea recorded a loss for the year ended 30th June 2019. The club lost almost £100 million pounds.

Chelsea recorded a loss of almost £100 million in the 2019 fiscal.

Among the causes are lack of Champions League football and the cost of a change in first-team management.

On the commercial side, however, the club saw an increase.

Jesper Elkjær Jensen jej@offthepitch.com

Although the 2018/19 season was a rather successful one for Chelsea on the pitch, where they beat Arsenal for the Europa League title and finished third in the Premier League, the club recorded a loss for the year ended 30th June 2019.

According to a press release from the club, Chelsea lost £96.6 million in 2019 - the first loss in three years - despite an increase in turnover for the fourth consecutive year.

The club's turnover grew from £443.4 million in 2018 to £446.7 million in 2019.

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