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Chelsea He recorded a profit before tax of $ 128.4 million ($ 165.83 million) per year ending in June 2024, despite a decrease in income due to relocation-farm sales-to-woman team, said the Premier League club on Monday.
The profit, which also helped the liquidation of players registration, comes after a loss of 90.1 million GBP ($ 116.3 million) in the previous year to June 2023, the first under the ownership of Todd Boheehy.
The female team passed from Chelsea FC Holdings Limited to Blueco, Boehly’s Consortium, last June, eliminated any losses associated with Chelsea women from club accounts and Chelsea Holdings, which benefits from the amount Blueco paid.
The profit of the liquidation of subsidiaries was 198.7 million GBP ($ 256.6 million), while profit from the disposal of registrations increased to 152.5 million GBP ($ 197 million).
Chelsea’s total revenue dropped from 512.5 million GBP ($ 662 million) to $ 468.5 million ($ 605.2 million) in 2023, which the club said that the team of men did not compete in the Champions League.
The club’s broadcast revenues increased thanks to their sixth place in the Premier League, along with decent cup runs, and there was also a decline in operating costs and growth of commercial and wrestling income.
The women’s team is the first WSL this season, while the men’s side is sitting in the Premier League with nine games that will go in the season.
Things went to a guy in the opposite direction Premier League page EvertonWith the club reported a loss of 53 million GBP ($ 68.44 million) in the 2023-24 season, which meant seventh year in a row in a deficit. However, Everton avoids violating the rules of profit and sustainability of the league.
Although Everton reported an improvement in a deficit of 89.1 million GBP recorded in the previous year, the loss of the club over the last seven years a total of 570 million GBP.
Last season, Everton was deducted eight points for two separate PSR violations for a three-year rolling period, including campaigns 2021-22 and 2022-23.
In January, the League confirmed that all clubs, including Everton, were financially in line with the 2023-24 season and no additional fees were imposed.
In this story, information from Reuters was used.
