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Chelsea announce record turnover

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Chelsea have announced a record £361.3m turnover for the 2017 financial year.

In addition, Chelsea have also reported a profit of £15.3m, which they attribute to making £69.2m on transfer dealings.

In the past three months, Manchester United (£581m) and Manchester City(£473.4m) reported record revenues - City's for a 13-month period.

Chairman Bruce Buck is pleased Chelsea "matched achievement on the pitch with a successful year commercially".

He added: "Our business has continued to grow long-term and to be able to post record turnover figures despite not playing Champions League football during that period highlights this strength."

Chelsea say they expect to revenues to continue to grow in 2017/18 thanks to their return to Champions League football and the start of a kit deal with Nike.

JC

Posted in Club news and tagged Chelsea, football finance, turnover on