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The Independent UK
The Independent UK
Sport
Pa Sport Staff

Chelsea explain loss of £121m in financial results

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Chelsea say Government sanctions imposed on former owner Roman Abramovich were a factor in the club posting losses of £121m in 2021-22.

Russian billionaire Abramovich was sanctioned by the UK Government in March last year as it sought to freeze the assets of individuals it believed had connections to the country’s president, Vladimir Putin, following the invasion of Ukraine.

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