Chelsea announce £90.1m loss for the last financial year: what does this mean for Financial Fair Play?

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Chelsea suffered a £90.1m loss in the 2023 financial year, the club has announced in a statement.

The loss covers the 2022-23 season, and goes up to June 30, 2023.

The announcement shows a significant improvement in Chelsea’s books, since they’re £30.3m better than they were in the previous financial year. However, it’s still a lot of money to lose for a club that saw her female team win the WSL and the women’s FA Cup last term. The Blues also recorded a reasonable increase in matchday, commercial and sponsorship revenue in the period under consideration.

The statement from Chelsea however reveals they still maintain a good standing with FFP, and the Premier League’s financial regulations, which should come as good news to the fans.

The ending part of the statement on the official Chelsea website read: “Despite the loss in the year and the continued fallout from the sanctions placed on the club in the prior year, the Club continues to comply with UEFA and Premier League financial regulations.”