Roman Abramovich warned as Chelsea fall in latest annual report

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Chelsea have fallen down to seventh-place in KPMG’s annual report of the most valuable football clubs.

Premier League rivals Manchester United, Liverpool and Manchester City are all above Chelsea in the list of most valuable football clubs.

London rivals Tottenham Hotspur have also closed the gap on the Blues.

Chelsea are one of two sides in the top 10, along with Arsenal, to have not posted a year-on-year-increase.

Chelsea owner Roman Abramovich has been warned of a “significant deterioration of profitability” for the Blues.

According to the report, Chelsea are suffering a stagnation of our enterprise value due to a significant deterioration of our profitability in 2018/19 from a net profit of €28million to a net loss of €125million.

Chelsea have an enterprise value of £1.88billion, a 0.4% year-on-year decrease, while Tottenham have risen by 23% to £1.75bllion, according to KPMG.

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OTONY
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