Blues announce record profits
The Independent report that Chelsea will announce a £20m profit today, underlining their transformation into the model of a well-run football club.
The Blues had promised they would be breaking even by 2009/10, but have only posted a profit once since then – a meagre £1.4m two years ago.
However the sales of David Luiz and Juan Mata amongst others have boosted the club’s income this year, and the arrivals of Diego Costa and Cesc Fabregas will count against next year’s figures.
All of this means that Chelsea get to enjoy announcing an impressive, if slightly misleading profit this afternoon.
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