Chelsea news

Chelsea announces $2.2 million profit

November 9, 2012
By news services
Boosted by its first Champions League title, Chelsea has made an annual profit for the first time in the nine-year reign of Russian billionaire owner Roman Abramovich.

After eight years and a total of 630 million pounds ($1 billion) in losses since the Russian took over at Stamford Bridge, the club's success in the Champions League finally pushed it into the black.

The English Premier League club announced a profit of 1.4 million pounds ($2.2 million) through June 30, compared ...

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