Chelsea have announced a net loss of £121.3m to underline the impact government sanctions imposed on former owner Roman Abramovich had on the club last spring.
And the new owners believe that the impact could end up having a financial impact for years to come because it prevented them from “entering into new contractual arrangements.”
The Stamford Bridge club, who were sold to a consortium led by new chairman Todd Boehly in late May of 2022, were unable to sell tickets or merchandise after Abramovich was sanctioned in early March.
