Chelsea record loss despite increase in revenue for fourth consecutive year
2 January 2020
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.
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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