Chelsea have released their 2021/22 financial results, a period that runs until June 30th 2022, and revealed they made a net loss of £121.3million over the course of the season. The Blues say that despite this they continue to comply with both UEFA and Premier League financial regulations.
The loss comes amid a season where Chelsea were impacted by sanctions placed on former owner Roman Abramovich in March 2022 and were required to operate under a special licence which prevented players being offered new deals as well as the ability to sell merchandise and tickets, to name a few things. The west London side claim that this resulted in 'extraordinary expenses and loss of revenue'.
Such restrictions were of course in place until the takeover was completed by Todd Boehly and Clearlake Capital on May 30 2022, meaning the final month of the financial period was under new ownership. However, the club do note that they expect the way the were required to operate to have an impact on their future financial reports due to long term impact of not being able to enter into new contractual arrangements.
