Financial details for Chelsea’s 2014-15 season have been made available and the Blues are out on top.
The reigning Premier League champions overtook Manchester United to have the largest wage bill in the league, with Russian billionaire owner Roman Abramovich paying his stars $313.9 million in wages during their title-winning campaign.
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United were the second biggest spenders as the team Louis Van Gaal assembled splashed out $295.6 million on wages, while their crosstown rivals Manchester City spent $281.8 million and Arsenal were the fourth highest spenders on wages with an outlay of $279.9 million.
The results, made available by Companies House, shows Chelsea spent an additional $37.5 million on player wages last season in comparison to the 2013-14 campaign.
It is also worth noting that the figures account for the money spent on employing not only the players but also members of the backroom and ground staff.
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Further financial figures show that Chelsea’s turnover was down $7.5 million to $457.7 million, with being knocked out in the last 16 of the UEFA Champions League blamed for the loss in revenue. The club believes it will easily comply with UEFA’s Financial Fair Play regulations and it was also clearly visible that Abrmaovich pumped in $67.9 million of his own money into the club last season and $83.1 million the season before that.
Chelsea had previously lost their mantle as the PL’s highest wage payers to Manchester City in 2011-12 and then to United, but both Manchester clubs reported a decrease in wage output last season to leave them as the second and third highest spenders in the PL.