Chelsea announced a record annual profit of around £18.4million on Thursday — paving the way for Jose Mourinho to further strengthen his squad in January. The current Premier League leaders also reported a record turnover of £319.8m for the year up to June 30, and will comfortably pass UEFA’s Financial Fair Play (FFP) test thanks to the funds brought in by the sale of Juan Mata and David Luiz, plus their share of the new £1bn television deal. This is the second time in three years that Chelsea have posted a profit and is further proof of the club's emergence as British football’s leading club on and off the pitch, confounding the belief that years of wild spending under Roman Abramovich would backfire.
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Chelsea announce record profits during Roman Abramovich era
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West London club will report a turnover of £325million
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Sales of Juan Mata and David Luiz a contributing factor
‘We financed player purchases from sales as the squad for this current season was shaped, and our philosophy since Mr @placeholder acquired the club in 2003 has been to build upon success on the pitch.