Chelsea has a debt of 1.8 billion euros

The Chelsea, last champion of the Champions League, has a debt of 1.8 billion euros after what Roman Abramovich injected money last season, according to The Times.

The annual accounts of Fordstam Ltd, parent company of the Chelsea, show that the Russian businessman and owner of the club lent 24 million euros last year, which has led to an even higher debt. That injection of money led the ‘blues’ to surpass Manchester United y Liverpool in terms of salary expenses, despite the losses of 187 kilos registered last season.

Specifically, the wage bill of the Chelsea has increased to 399 million euros, that is, 17.5% more, partly because of the payment of bonuses to their players for having won the Champions League. Compared to their pursuers, United increased it to 386 million, while Liverpool 390 ‘kilos’. The only one ahead of Chelsea is Manchester City, with 420.

Obviously, this has to be added the strong investment made by the blues at the beginning of the season, with a spending on transfers of 266 million distributed in Kai Havertz, Timo Werner, Ben Chilwell, Hakim Ziyech and Edouard Mendy.

However, as the loans are of Roman Abramovich, owner of the club, Chelsea are debt free as the Russian tycoon would have to repay himself with the proceeds if he were to sell the club.