Wednesday, November 25, 2015

Chelsea Confirm Loss of £23.1m in Latest Financial Results

JohnTerry

English Premier League club Chelsea have announced a loss of £23.1 million for the year ending 30 June 2015.The club received a turnover figure of £314.3m, which is marginally down on last year’s club record figure of £319.8m.
The latest turnover remains by some distance the second best in the club’s history. In 2013, turnover was £255.8 million which itself was an increase for a fourth consecutive year.
Matchday and commercial revenues for year 2014/15 were largely unchanged from the previous year. The stadium continued to sell out and general admission prices remain frozen at 2011/12 levels.
Following our Premier League championship-winning season, we expect the current year to produce record revenues once again. These will be powered by new commercial deals, including our record-breaking partnership with Yokohama, and revenues related to this season’s Champions League which improve due to entering as Premier League champions and an increase in TV revenue for English clubs.
Chairman Bruce Buck said: ‘Chelsea Football Club has been consistent in our intention to comply with FFP and it was a primary aim in the past financial year to be one of the clubs with a continuous record of meeting the regulations, which we have achieved.
‘To record the second highest turnover figure in the club’s history despite the Champions League campaign ending at the earliest knockout round demonstrates our business is robust, and is testament to good work regarding our commercial activities, our growing fanbase around the world and the tremendous support the team received at home and away matches in 2014/15.

No comments:

Post a Comment