Revealed: Chelsea owners bankroll £140m injection as new documents filed
Chelsea have received a £140million injection from their owners in the form of a new share issue, Football Insider can reveal.
As per a Companies House filing submitted on Monday (8 January), Chelsea FC Holdings Limited purchased 1,000 new shares.
Each share was purchased at a price of £1.4million per one pence share, taking the total investment to £140million.
It is not clear whether the investment comes in the form of new cash or the conversion of debt into equity.
The share issue can be backdated to 22 December, meaning Chelsea received the cash injection just days before the start of the January transfer window.
Part of the raised funds could go towards improving Mauricio Pochettino’s squad over January, with the Blues enduring a tough first half of the 2023/24 campaign.
Chelsea currently sit 10th in the Premier League and suffered a 1-0 defeat to Middlesbrough in the first leg of their League Cup semi-final on Tuesday evening.
However, the new cash raised through the share issue will also likely go towards paying off Chelsea’s growing transfer debt.
Since Todd Boehly and Clearlake Capital purchased the club from Roman Abramovich in 2022, the Londoners have spent record-breaking amounts in the transfer window.
Chelsea have already spent more than £1billion since the takeover and many of their signings were spread over long-term contracts.
Chelsea’s latest 2021/22 accounts showed that player amortisation costs sat at £160million, although that figure will have grown significantly due to their heavy spending in 2022/23.
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