8 March 2024 - 4:30 AM



Thursday briefing: Chelsea parent company posts £653 million loss after heavy spending on players

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BlueCo 22, the company that owns Chelsea, made a net loss of £653 million following its takeover of the club from Roman Abramovich, the firm’s accounts have revealed.

The entity, controlled by private equity firm Clearlake Capital and investors including Todd Boehly, acquired ownership of Chelsea in May 2022 following Russia’s invasion of Ukraine.

BlueCo 22’s accounts, covering the 16-month period from 2nd March, 2022 to 30th June, 2023 showed that the compa

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