Published 1 year ago

Chelsea post 121.3 million pounds loss, blame sanctions on ex-owner Abramovich

Summary by Ground News

Chelsea had an overall net loss of 121.3 million pounds ($148.65 million) for 2021-22. Club was not allowed to sell tickets, resulting in a loss of revenue. Previous owner Roman Abramovich put the club up for sale in early March last year.

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News18 India

Chelsea Post 121.3 Million Pounds Loss, Blame Sanctions on Ex-owner Roman Abramovich

Chelsea suffered an overall net loss of 121.3 million pounds for the period 2021-22

1 year ago·India

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The Guardian

Chelsea claim Abramovich sanctions a factor in £121m losses

Chelsea claim government sanctions imposed on former owner Roman Abramovich were a factor in them posting losses of £121m for the 2021-22 season

1 year ago·London, United Kingdom

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The Hindu

Chelsea posts 121.3 million pounds loss, blames sanctions on ex-owner Abramovich

Chelsea attributed the loss to extraordinary expenses and loss of revenue after was not allowed to sell tickets while its operational spend was also curtailed due to government restrictions until the sale was completed at the end of May.

1 year ago·India

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Reuters

Chelsea post 121.3 million pounds loss, blame sanctions on ex-owner Abramovich

Chelsea had an overall net loss of 121.3 million pounds ($148.65 million) for 2021-22 due to "extraordinary expenses and loss of revenue" after sanctions were imposed on previous owner Roman Abramovich, the Premier League club said on Monday.

1 year ago·United Kingdom

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Daily Mirror

Chelsea announce £121m loss and warn Abramovich exit will impact for years

The club saw an increase in matchday and commercial revenue, alongside £123.2m from player sales in past financial year but overall loss proves impact of government's special licence

1 year ago·London, United Kingdom

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Associated Press News

Chelsea blames financial losses on sanctions on Abramovich

Chelsea has reported losses of 121 million pounds ($148 million) in 2021-22. The club cites the sanctions imposed on former owner Roman Abramovich as a major factor. Abramovich was sanctioned

1 year ago·United States

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