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£121m loss at Chelsea

Chelsea have announced their financial results for 2021/22, making a loss of £121.3m: https://www.chelseafc.com/en/news/article/chelsea-fc-2021-22-financial-results

Chelsea have blamed sanctions on Roman Abramovich for the scale of the losses: https://www.dailymail.co.uk/sport/football/article-11906663/Chelsea-blame-sanctions-Roman-Abramovich-121m-loss-annual-accounts.html

Football finance guru Kieran Maguire comments: 'This gives 3 year rolling loss of £283 million until 30 June 2022. Then can deduct infrastructure (say £10m a year) women's team (£5m a year) academy (£15m a year) and Community (£3m). Takes P&S loss to £184m. Covid costs are about £127m so reduces loss to £57m, well within [FFP] limit.'

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