It is the first time in three years that the club have made a loss, after recording profits in both 2017 and 2018. No part of this site may be reproduced without our written permission. © 2020 Chelsea FC. For 2018/19, the amount increased to £26.6m and this time it was another old favorite - paying off a coach and his staff. Chelsea FC plc today announced our annual financial results for the year ended 30 June 2019, reflecting an increase in revenue for the fourth year in succession. Despite recording a loss for the 2019 financial year, the Club continues to comply with UEFA’s break-even criteria under the Financial Fair Play (FFP) regulations. ‘This solid commercial foundation, allied to a young and exciting team now led by Frank Lampard, means that the Club is well placed to sustain its pursuit of success both on and off the pitch as well as maintain its financial stability over the coming years.’. What was gained in terms of commercial revenue was given back in reductions in matchday receipts and broadcast revenue. The sale of Eden Hazard will impact Chelsea's 2019/20 financial statements (Photo by ANP Sport via ... [+] Getty Images). You may opt-out by. In 2017/18, Chelsea paid out £6m to buy back “certain retail and licensing rights” - not for the first time. No part of this site may be reproduced without our written permission. The Club also invested a record £280.6m in the playing squad during the year, including the acquisitions of Kepa Arrizabalaga, Christian Pulisic, Mateo Kovacic and Jorginho. Transfer and agent fees are amortized over the life of a players contract so the profit and loss statements take hits over the lifespan of the contract. Assuming that the balance of Turnover vs. wages and other operating costs remains around the same Chelsea has a good chance to return to a break-even position in 2020. Hakim Ziyech makes his full Chelsea debut in tonight’s game against Krasnodar. (Photo by Leila Coker/MI News/NurPhoto via Getty ... [+] Images). Chelsea RedZone 2020. All rights reserved. Chelsea manager Frank Lampard signs his contract with Director of Chelsea Marina Granovskaia at ... [+] Stamford Bridge on July 3, 2019 (Photo by Darren Walsh/Chelsea FC via Getty Images). I was a Soccer Analyst for Fox Soccer Report and Fox Soccer News from 2001 to 2013. Selling players at a profit has been a key part of the Chelsea business plan and without that money Chelsea would have hemorrhaged a massive amount of money. We can’t say for sure that this is pure profit but most of it likely is. Chelsea FC midpoint enterprise value 2016-2020 Main characteristics typical of Chelsea F.C. In the 2018/19 statements it’s noted on page 27 that subsequent to the year the club “disposed of the registration of 7 players.” This netted over £115m after fees and levies. 2018 However, as I sit down to write this article, I notice it’s Friday 17th January – also known as ‘Broken Resolution Day’ - or the day you can apparently ditch your promises without feeling any guilt. I don’t know about you, but I’ve made a slightly longer than usual list of resolutions. The swing of £156m can be captured in 4 bullet points: The most encouraging news for Chelsea supporters is on page 12. £60.5m is a substantial profit from the sale of players but it was only about half of what Chelsea generated the year before - £113m. Past performance is not a reliable guide to future returns. The game is live on BT Sport, kick-off 7.30pm, and here we reflect on some past meetings between the two sides. Ben Chilwell was impressed with two separate aspects of Chelsea’s impressive win at Turf Moor that he believes shows the all-round capabilities of this new-look team. Although it is not clarified in the financial statements some of the increase may be down to bonus payments related to winning the Europa League. In our look at the latest Chelsea-related news stories from the media, Mason Mount's performance in midfield against Burnley continues to earn praise. Our Under-18s take on Manchester City in the FA Youth Cup final on Monday night looking to get their hands on the prestigious trophy for a record-equalling 10th time.