Chelsea FC reported a pre-tax profit of £128.4 million for the year ending in June 2024, driven by strategic repositioning, including the sale of their women's team. This profit represents a notable recovery from a £90.1 million loss in the prior year. The transfer of the women's team to BlueCo, Todd Boehly's consortium, eliminated associated losses for Chelsea FC. Despite a decline in overall revenue due to non-participation in the Champions League, increases in broadcasting, commercial revenue, and reduced operational costs contributed to this financial turnaround.
Chelsea FC achieved a remarkable pre-tax profit of £128.4 million ($165.83 million) in June 2024, reversing last year's significant losses largely thanks to strategic disposals.
The club benefited from the sale of its women's team and substantial profits from the disposal of player registrations, despite a decrease in overall revenue.
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