The London club continue on the road to self-sufficiency.
Chelsea have this afternoon announced record profits of £18.4m, as well as a record total turnover of £319.8m for the year ending 30th June 2014.
The news means that Chelsea have now made a profit in two of the last three years, this one much larger than the £1.4 generated in 2012.
Profit and turnover are becoming ever more important for the top clubs as Financial Fair Play rules grow ever stricter, and Chelsea’s prudent spending in the last few windows has put them in a very strong position financially.
The sales of David Luiz and Juan Mata amongst others have boosted the club’s income over the summer, and the arrivals of Diego Costa and Cesc Fabregas came after the cutoff on the 30th, and will thus be counted in next year’s figures.
All of this means that Chelsea get to enjoy announcing an impressive, if slightly misleading profit this afternoon.
SEE MORE:
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