Chelsea report £49.4m loss but meet Financial Fair Play rules


http://www.bbc.co.uk/sport/0/football/25564078

fucking bent bastards

The results for the year ending June 30, 2013, show a record £255.8m turnover - the fourth successive year it has increased - despite the club's elimination from the Champions League at the group stage last season.

Chelsea enjoyed a 19 per cent rise in commercial income from £67m to £79.6m as they won the Europa League, although a reduction in income from the success of winning the previous year's Champions League contributed to the £49.4m loss.

Despite that, Jose Mourinho's side will satisfy FFP regulations as the two-year monitoring period includes the £1.4m profit made in the 2011/12 season.

The Blues also see around £15m knocked off their overall loss in add backs, which includes infrastructure costs, youth development costs and charitable donations amongst other outgoings.

That brings Chelsea's losses for the period to approximately £34m, falling under the FFP threshold of £37.5m."

http://www.bbc.co.uk/sport/0/football/25559504

another team I think will go "pop" Portsmouth style very soon

Now simply because I think Garside is a cock of the highest nature and he wanted promotion /relegation to the Premier League done away with when Bolton where in it (looking after self) nothing would make me happier. Christmas, Birthdays etc all rolled into one if they went tits up

you will certainly get your wish if they don't return to "the land of losing every week and staying up by the skin of their teeth to make more money which is the most important thing a club exists for these days" league

^^^ this. With jingle bells on.