Premier League

Chelsea

Chelsea announce record profit and turnover

The Blues turnover was a club record of £443.4million

Chelsea have revealed a record profit and turnover in the club's latest published accounts.

The Blues' return to the Champions League in 2017-18 contributed to the turnover growing by 22.7 per cent to £443.4million in the financial results for the year ending June 30, 2018.

And a record-high profit of £62m was achieved, after a profit on player sales of £113m and an increase in broadcast revenues of £162.4m as a result of Chelsea's return to Europe's elite club competition.

The accounts do not include the severance pay for Antonio Conte or his coaching staff.

Conte was sacked in July after the Blues' fifth-placed finish and failure to qualify for the Champions League this season.

Chelsea reported a £32m increase in commercial revenues following several partnership deals, including the kit deal with Nike worth a reported £60m a year.

And the club says there was a £8.4m increase in matchday revenues, despite ticket prices being frozen at 2011-12 levels.

Chelsea chairman Bruce Buck said on the club's official website: "The club has now posted a series of record-breaking revenue figures and our profit margin has increased in consecutive years.

"This has occurred against a backdrop of varying participation in European football, and different degrees of achievement in the Premier League, which demonstrates we have built a sound business footing to support our on-pitch quest for success."

Chelsea's financial results for the previous year – until June 30, 2017 – reported a turnover of £361.3m and profit of £15.3m.

The latest figures include the sales of Diego Costa to Atletico Madrid, Nemanja Matic to Manchester United, Nathan Ake to Bournemouth and the permanent transfer of Juan Cuadrado to Juventus.



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Premier League Table
TeamPWDLFAGDPTS
1Liverpool21173149103954
2Manchester CityMan City21162356173950
3Tottenham HotspurSpurs21160546212548
4Chelsea21135338162244
5Arsenal21125446311541
6Manchester UnitedMan Utd21115543321138
7Leicester CityLeicester219482523231
8Watford218583031-129
9Wolverhampton WanderersWolves218582325-229
10West Ham UnitedWest Ham218492932-328
11Everton217683131027
12Bournemouth2183103140-927
13Brighton & Hove AlbionBrighton217592429-526
14Crystal Palace2164111926-722
15Newcastle UnitedNewcastle2146111529-1418
16Burnley2153132142-2118
17Cardiff CityCardiff2153131941-2218
18Southampton2137112138-1716
19Fulham2135131947-2814
20Huddersfield TownHuddersfield2124151337-2410
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Premier League Table
TeamPWDLFAGDPTS
1Liverpool21173149103954
2Manchester CityMan City21162356173950
3Tottenham HotspurSpurs21160546212548
4Chelsea21135338162244
5Arsenal21125446311541
6Manchester UnitedMan Utd21115543321138
7Leicester CityLeicester219482523231
8Watford218583031-129
9Wolverhampton WanderersWolves218582325-229
10West Ham UnitedWest Ham218492932-328
11Everton217683131027
12Bournemouth2183103140-927
13Brighton & Hove AlbionBrighton217592429-526
14Crystal Palace2164111926-722
15Newcastle UnitedNewcastle2146111529-1418
16Burnley2153132142-2118
17Cardiff CityCardiff2153131941-2218
18Southampton2137112138-1716
19Fulham2135131947-2814
20Huddersfield TownHuddersfield2124151337-2410
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