Chelsea announce record profits for 2014

According to ITV Football, Chelsea have recently announce record turnover of £319.8M for 2014.

“These results ensure UEFA’s break-even criteria under the Financial Fair Play (FFP) regulations continue to be satisfied,” said a statement on the club’s website.

Chelsea made £18.4M profit for 2014, largely generated through player sales and improved revenue outlets. The Blues’ business growth has been improving year after year, despite Chelsea not having won any trophy in the last two years.

They have enjoyed an increased turnover figure for the fifth consecutive year, which was £255.8M in 2013. Partnerships signed to the club, coupled with the new broadcasting deal has greatly contributed to Chelsea’s healthy finances, and it could get even for 2015, with the Londoners top of the Premier League and still in all four competitions.

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