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Monday, June 3, 2024

Chelsea got into a lot of debt –

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The London club, owned by Russian billionaire Roman Abramovich, won the Champions League last season, which increased its payroll mainly because of bonuses. Indeed, it would have climbed 17.5% to reach 333 million pounds, exceeding those of Manchester United and Liverpool.

To address this, Roman Abramovich, through his company Fordstam, injected the club with almost £ 20million last season, pushing the club’s debt to its owner to over 1.5 billion. of books according to the Telegraph. Being the owner of the club, he will be reimbursed when the latter is sold.

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