Connect with us

Published

on

Follow Us

Follow Us @

Chelsea lost IDR 1.8 trillion in the Todd Boehly era

Jakarta, Beritasata.com – Chelsea suffered a pre-tax loss of 90.1 million pounds (US$114.8 million) during the club's first year under the leadership of Todd Boehly and Clearlake Capital. The figure represents a decrease from the previous loss of 121.4 million pounds.

Reporting from AP, despite experiencing losses, Chelsea continues to comply with the financial rules set by UEFA and the English Premier League. The rules allow clubs to suffer losses of up to 105 million pounds over a three-year period.

Advertisement

Everton had been docked 10 points this season for breaching financial regulations, which was later reduced to six points after an appeal. However, clubs still risk facing further punishment if they break the rules again.

Despite spending heavily on player transfers amounting to more than US$ 1 billion, Chelsea has achieved little success on the pitch. The club is now in danger of failing to qualify for the Champions League for the second time in a row. Chelsea is currently ranked 11th in the Premier League.

YOU MAY HAVE MISSED:
Rodtang Did Not Close the Door Again to Face Superlek

The club remains committed to maintaining a balance between success on the pitch and compliance with UEFA and Premier League financial regulations. Chelsea's turnover rose from 481.3 million pounds to 512.5 million pounds.

Chelsea's decline in broadcasting revenue was caused by underwhelming performance in the Premier League and elimination from the FA Cup and League Cup in the third round. Despite their good record in domestic cup competitions, the financial impact of Chelsea not qualifying for the Champions League will likely be visible next year.

Advertisement

Chelsea lost IDR 1.8 trillion in the Todd Boehly era

Follow TODAYSGIST on Google News  and receive alerts for the main trending sports news today, Basket ball updates, Soccer series, entertainment and lots more!

SHARE POST AND EARN REWARDS:

Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program

Advertisement

FIRST TIME REACTIONS:

Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.

JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >

#Chelsea #lost #IDR #trillion #Todd #Boehly #era
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending