Sports

EPL champions Chelsea announce record £361m turnover

EPL champions Chelsea announce record £361m turnover

Reigning English Premier League champions, Chelsea have announced a record £361.3m turnover for the 2017 financial year.

According to a statement on the club’s website, the turnover figure grew from £329.1m in the previous year, an increase of 9.8 per cent.

The club also reported a profit of £15.3m, which they attribute to making £69.2m on transfer dealings.

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Chairman Bruce Buck is pleased Chelsea “matched achievement on the pitch with a successful year commercially”.

He added, “Our business has continued to grow long-term and to be able to post record turnover figures despite not playing Champions League football during that period highlights this strength.”

Chelsea say they expect their overall revenues to continue to grow in 2017/18, owing to the club’s new technical partnership with Nike, and the team’s renewed participation in the UEFA Champions League.

 

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