Chelsea FC demonstrated significant financial recovery with a reported pre-tax profit of 128.4 million for the year ending June 2024, improving from previous losses of 90.1 million. The club attributed the profit mainly to the disposal of player registrations and the strategic repositioning of the women’s team. While overall revenue declined to 468.5 million due to the absence of Champions League football, matchday and commercial revenues increased. Chelsea also improved its financial health by avoiding breaking Premier League profit regulations and benefiting from asset sales, particularly that of the women's team.
Chelsea's financial results for the year ending June 2024 show a remarkable turnaround, reporting a pre-tax profit of 128.4m, following significant previous losses.
Despite overall revenue declining to 468.5m due to missing Champions League, strategic disposals of player registrations and restructuring of the women's team boosted financial health.
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