On December 31 2018, Chelsea fc announced a new record for revenue generated throughout last season and profit which totaled a whopping sum of £443.4m, which stands at an increase to the previous fiscal year by £82.1m, a 22.7% increase compared to previous season (2016/17 was a record of £361.2m revenue, with £16m in profit) and a profits of £62m. This will be the fourth time Chelsea fc will be recording profit after an unsurprising loss of £140m in 2005 since the Abramovich era.
Breakdown of how Chelsea made their revenue
Broadcast /TV Revenue – £204.1million (2016/17 was £162.4m)
Player sales – £113m (from 21 players, mostly academy players, including Diego Costa to Atletico Madrid at £53m and Nemanja Matic to Man. Utd at £40m)
Commercial revenue – £172m (£140m previous year)
Match day ticket sales revenue – £74.6m (£66m previous season)
However, the bogus financial figure is indebted to revenues made from Europe which is Champions League or Europa League.
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