Chelsea has blamed the impact of sanctions placed on its former owner Roman Abramovich after recording a net loss of £121.3m (€138m/$148.7m) for the 2021-22 financial year, although the English Premier League club still saw its revenue rise by close to £50m.
Despite the restrictions placed on the club, the turnover figure for the year ending June 30, 2022 increased to £481.3m from £434.9m the previous year, driven largely by increased matchday and commercial revenue from the return of fans on matchdays following the end of Covid-19 restrictions.
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