Introduction Chelsea had an up and down season in 2017/18, winning the FA Cup but not qualifying for the Champions League. The club’s financial structure is complicated, Chelsea Football Club Limited is owned by Chelsea FC plc, which is owned by Fordstam Limited, which is funded by Lindeza Worldwide Limited (based in the British Virgin Islands) and Camberley Investments Limited (based in Middlesex), which are owned by Roman Abramovich. This analysis looks at Chelsea FC plc, mainly because Fordstam Limited tends to publish its accounts a few months later. Key Figures Turnover £443 million (up 23%) Wages £244 million (up 11%) Pre player sale losses £41 million (down 23%) Player…

Introduction: Oh Manchester, so much to answer for… Chelsea announced their financial results recently, and since then manager Antonio Conte has been muttering about not being able to compete in the football transfer and wages markets with the two big Manchester clubs. Is this true, and what are the state of Chelsea’s finances? Time to take a peek. On the face of it, being Premier League Champions in 2017, progress through the group stages of the Champions League, semi-finalists in the League Cup and presently in the FA Cup, you would think there would be plenty to cheer about. Income Clubs have three sources of income. In 2016/17 Chelsea’s total…