Chelsea £80m injection confirmed: Stefan Borson reacts
Chelsea’s owners have likely injected a further £80million into the club to help offset their major losses.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider the west London club are losing around £200million a year at the operating level.
As per a Companies House submission on 29 November, Chelsea’s parent holding company 22 Holdco Limited has issued eight million shares.
The issuance was split between 4.9 million Class A ordinary shares and 3.1 million Class B ordinary shares.
Each share was purchased at £10 per one pence share, taking the total investment to £80million.
Chelsea are still without a front-of-shirt sponsorship deal for this season, with their losses likely to increase if they can’t reach an agreement soon.
The London giants posted a loss of £89.9million in their latest accounts for 2022-23, while they delivered a record revenue of £512.5million for that same year.
Chelsea losses to increase after shirt sponsor blow
Borson admitted the latest share issue doesn’t come as a surprise due to the financial situation at Stamford Bridge.
“If you look, a lot of clubs have had to raise money,” Borson told Football Insider.
“We don’t know all of them, but there is Chelsea, Aston Villa, Newcastle, Everton, Man City and Man United, who we know raised money through Ratcliffe and they have got another tranche of the Ratcliffe money coming in at the end of the year.
“This is normal. We are at the low point of cash as we go through the winter months as clubs have not got loads of cash coming in. It’s not surprising at all.
“At the operating level, Chelsea are losing something like £200million a year and they have been for years.
“It will probably be more this year because they don’t have a front-of-shirt sponsor that would have paid them about £40million.
“They will be losing a lot of money and, therefore, if you are losing a lot of money, then you will need to raise money from shareholders or from debt.
“I think they are probably maxed out on the debt situation, so they need to raise more equity from the shareholders.
“That £80million is just another slice of that.”
In other news, Chelsea “happy to pay for £80m+ new Arjen Robben”.
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