Date: 2 months ago   Category: Sport

Abramovich's company doubled financing of Chelsea F.C. — Rambler News Service


Photo: globallookpress.com the British company Fordstam Ltd owning Chelsea F.C. increased financing of club twice in a season 2017/18 — to 69.1 million pounds sterling, follows from the annual reporting of Chelsea F.C. "Financing of club is provided by parent company Fordstam Ltd which beneficiary is mister Roman Abramovich. Following the results of financial year (came to the end on June 30, 2018. — RNS) the volume of these means made 69.1 million pounds sterling" — it is said in the statement. The previous year this indicator was 33.8 million pounds sterling. Abramovich's representative John Mann refused comments, the press service of club at the time of the publication of material did not respond RNS to the request. Following the results of a season 2017/18 net profit of Chelsea were 62 million pounds (about $79.31 million at a current rate), having increased in annual terms by 4 times. Consolidated revenues following the results of a season grew by 22.7% to $567.2 million. Revenues of Chelsea from broadcastings grew by 25.6% to 204.14 million pounds sterling ($261 million), commercial revenue — increased by 24% to 165.37 million pounds ($211.5 million), and an income per day of a match — for 12% to 73.9 million pounds ($94.5 million). Following the results of a season the loss of club from transfer activity made 113 million pounds sterling (€125.4 million, $144.5 million) against a loss in 69.2 million pounds the previous year. Expenses of Chelsea on salaries to the staff of club grew by 10% to 216 million pounds ($276.42 million), remuneration of top managers of club was 916 thousand pounds ($1.17) one million that is 4.4 times more than a last year's indicator. The club emphasized that after reporting date of Chelsea it terminated the contract with the head coach Antonio Conte, Maurizio Sarri appointed to his place, got three football players and also sold three players. "The probable cost of these transactions, including all costs, will be about 125 million pounds (about €139 million)" — it is said in the reporting of club. Following the results of a season 2017/18 Chelsea took the fifth place in the English premier league, won the Cup of England, reached a semi-final of the Cup of League, to 1/8 Champions League finals. Average attendance was reduced from 41.5 thousand to 41.5 thousand viewers. The Russian businessman Roman Abramovich acquired Chelsea in 2003. In May, 2017 the British newspaper Daily Mail reported that from the moment of purchase of club Abramovich invested in it more than 3 billion pounds sterling.

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