LONDON : Chelsea recorded a loss of 153.4 million pounds for the year ending June 30 2021, with the Premier League club saying that the COVID-19 pandemic had a"severe impact" on their ability to generate revenues.
Their matchday income fell to 7.7 million pounds from 54.5 million last year, while commercial revenue dropped from 170.4 million pounds last year to 153.6 million as most of the Premier League games were held behind closed doors due to COVID rules. "The strength, stability and long-term approach of our financial operation means our revenue streams remain strong, however COVID-19 will continue to have an impact going into the next financial year as our commercial operations resume normal activities."
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