Accounts published by Companies House show Chelsea spent £747m on transfers last season.
The wage bill increased by 18% to £404 million, the second highest in the Premier League.
Players costing £592m were sold for £203m, although accounting rules mean they generated a profit of £63m.
As of June 30, 2023 – after the first full yr of ownership by Todd Boehly’s Clearlake Capital consortium – the total cost of constructing the depot was over £1 billion.
An extra £450m has been spent on transfers since June 30, but this will likely be included in the 2023-24 accounts.
On Friday it emerged that Chelsea had spent the money over £75 million on agents and intermediaries in the 12 months to February 2024, the highest of any Premier League team.
They reported the pre-tax amount in March lack of £90 million having lost £121 million last yr.
Under the Premier League’s Profit and Sustainability Regulations (PSR), clubs can lose a maximum of £105 million over three seasons before facing sanctions.
Some costs, including investment in youth and girls’s teams, might be deducted, but Chelsea will likely should sell more players by June 30 to comply with the rules.
New signings for the 2022–2023 season include Enzo Fernandez from Benfica for a then-British record fee of £105 million, Mykhailo Mudryk from Shakhtar Donetsk for £89 million and Benoit Badiashile from Monaco for £35 million.
The sales include Kai Havertz to Arsenal for £65m, Mateo Kovacic to Manchester City for £25m and Timo Werner to RB Leipzig in a deal considered value around £25m.
The £55m sale of Mason Mount to Manchester United will likely be included in the 2023-24 settlement, as will the signing of Moises Caicedo from Brighton in a deal that would reach a British record fee of £115m.
As a part of a “restructuring” of Chelsea’s property portfolio, the Stamford Bridge hotel was sold to a subsidiary of the club’s holding company Blueco, helping to generate a £77m profit.
Chelsea’s turnover rose from £481m in 2021-22 to £513m last season, but broadcasting revenues fell by £9m to £256m after they didn’t qualify for European competitions.
The Premier League is there test potential violations of monetary rules that occurred during the term of office of the previous owner Roman Abramowicz, reported by the latest ownership group after its takeover in May 2022.
Everton have been docked eight points this season for 2 PSR breaches, while Nottingham Forest have been docked 4 points.
Credit : www.bbc.co.uk
