Chelsea lost £235m last season

Chelsea suffered a financial loss of £235m last season. This is reported by journalist Ben Jacobs.

Chelsea's cumulative losses are reported to be in excess of £1bn.

Londoners spent £368.7m on transfers last summer. For this money, 18 players were signed. This amount also includes management expenses. For the 16 players sold, the Aristocrats received £22.2 million.

Reports for these were filed by Chelsea before January 1 of this year.