Government Sanctions, Chelsea's Debt Highest in the Premier League
- A Small Font
- A Medium Font
- A Bigger Font
The impact of Russia's invasion of Ukraine has also affected Chelsea, the football club owned by Russian oligarch Roman Abramovich. As of June 30, 2021, the London club had gross debt of £1.5 million (Rp 28 trillion).
This debt is entirely in the form of loans from Abramovich to Chelsea's parent company, Fordstam Limited. Among other Premier League clubs, Chelsea has the highest debt.
The club with the second-highest debt is Tottenham Hotspur. Significantly less than Chelsea, Tottenham Hotspur's gross debt was recorded at £854 million.
Manchester United is ranked third on this list. The club's gross debt reached £530 million.
Burnley was the only Premier League club without gross debt in its last financial report in 2020. However, this debt amount will increase in the 2021 financial report after the club was purchased by the US company, ALK Capital.
The British government has banned income to Chelsea, including ticket sales. However, Chelsea is still allowed to play and pay its players' salaries.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
Related Data
Latest Data Stories
Trending Topics
Popular Data