Chelsea and Todd Boehly have had yet another stark reality check as the true scale of their financial accounts is pieced together after the latest figures.
The Blues released the figures for the 2021/22 term, stating a £121.3m loss on the books. It is the third time in four years that the club have registered a loss of over £100m. Considering Boehly and Co have stated ambitions to reach a revenue of £1bn, which would be more than double the £481.3m from the season just past, it is a big challenge.
Furthermore, looking further back into the figures and Chelsea have already reached a landmark of that size, but not quite in the way the new owners were expecting. With their latest accounts, Chelsea's total losses since the Premier League's inaugral season have now gone past £1bn.
