Chelsea's owner Roman Abramovich (R) and Chief Executive Peter Kenyon (L) stand in the crowd before their English Premier League soccer match against Bolton Wanderers in Bolton, northern England, October 7, 2007.
Photo: Reuters
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Chelsea Calculated Money Injected by Abramovich
Russia’s businessman Roman Abramovich, who bought Britain’s Chelsea soccer club in summer of 2003, has invested £578 million ($1,134 million) in the team during four years and a half, tribalfootball.com said with reference to Chelsea's annual report.
Chelsea suffered the loss of £74.8 million in 2007. Regardless, Chief Executive Peter Kenyon affirms that the team will have the deficit-free budget in 2010.
Chelsea has materially trimmed its costs for attracting new players, spending just £11.7 million for this purpose in 2007 vs. £84.5 million in 2006 and £126.7 million in 2005.
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