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Chelsea makes profit in wake of CLeague win
November 9, 2012
LONDON (AP) - LONDON (AP) - Boosted by its first Champions League title, Chelsea has made an annual profit for the first time in the nine-year reign of Russian billionaire owner Roman Abramovich.
The English Premier League club announced a profit of $2.2 million through June 30, compared to a $109 million loss in the previous financial year.
Chelsea made $77 million from its successful Champions League campaign, which ended in a victory over Bayern Munich in Munich, and $46 million from dealings in the transfer market.
AP NEWS The Associated Press News Service
Copyright 2013 The Associated Press All Rights Reserved
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4-2 L6, 8-3 L11, 20-9 L29 Picks |
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