Britannia Stadium

Next Game

Stoke v Chelsea

Monday, 22 December 2014, 20:00

Barclays Prem

iPro Stadium

Last Game

Derby 1 - 3 Chelsea

Tuesday, 16 December 2014, 19:45

Capital One Cup Quarter-Final

Chelsea wages below City's

Chelsea have been overtaken by Manchester City as the biggest payers in the Premier League, the Stamford Bridge club's accounts have confirmed.

Last Updated: 09/01/13 at 19:55 Post Comment

Stamford Bridge: Club no longer the biggest payers in the Premier League

Stamford Bridge: Club no longer the biggest payers in the Premier League

The overall wages paid out by the Blues in the Champions League-winning year ending June 2012 actually fell by £18million to £171million - compared to Manchester City who saw their wages break through the £200million barrier.

Chelsea announced last year they had made a profit of £1.4million - the first time they had finished in the black in the Roman Abramovich era.

The accounts also reveal that, aided by some one-off items, Chelsea also achieved a wage bill reduction for the first time since Abramovich took over in July 2003.

It reflects a big effort by the club to trim costs in their bid to comply with UEFA's financial fair play rules.

The numbers of playing and coaching staff dropped by 89 in 2011 to 69 in 2012 but Chelsea's wage bill is still ahead of Manchester United's £160million total by £11million.

The exceptional items in 2011 included a one-off £6.4million payment to the taxman as part of a deal on image rights, and money paid to former manager Carlo Ancelotti and his coaching team.

Those payments stopped after Ancelotti was hired by Paris St Germain and led to a credit of £4.7million into Chelsea's accounts from money they had set aside to cover those costs.

Alan Shaw, Chelsea's club secretary said in a statement published in the accounts: "The introduction of the UEFA financial fair play regulations from the 2012/13 season provides a significant challenge.

"The football club needs to balance success on the field together with financial imperatives of this new regime.

"The results recorded in this financial year put us in a good position to meet the assessment criteria for the initial periods."

Related News

Most Commented

Readers' Comments

S

unday, Sunday. Will there be a fan of either team, who if they are winning after 80 mins, won't still be nervous? This could be anything from 0-0 to 5-5, and no one would bat an eye.

megabrow (cufc)
A Season Of Continuous False Dawns

T

his year I am getting F365 a whack-a-mole game but with Brendan instead of the mole (Like the one with JD on Scrubs) and every time he pops up he says something. Outstanding Whack!, Character Whack!, Magnificent Whack!, Wonderful Composure Whack, Whack f**king Whack. Hours of fun.

hump3.
Trial And Error Rather Than Transition

A

s for City, can't believe you omitted Sergio. He's both dreamy and lovable rolled into one humble genius. Kolarov, we've all played with a mad cap left back who simply loves two things, shooting and tackling. To leave out Martin Demichellis, shame on you.

chumps league
Who Has Got The Likeability Factor?

Footer 365

Louis van Gaal: I'll ignore Sir Alex Ferguson and chase perfection at Manchester United

Louis van Gaal will continue to demand more from Manchester United despite Sir Alex Ferguson telling him: 'It's results that count'.

Manchester united: Marouane Fellaini was made scapegoat

Marouane Fellaini claims he was the scapegoat for Man United's poor 2013/14 season because he was David Moyes' signing.

FIFA unanimously agree to publish Michael Garcia's report

FIFA's executive committee has agreed unanimously to publish Michael Garcia's report into World Cup bidding - where legally possible.

Mail Box

Players Plainly Wearing The Wrong Strip...

There are some players who just look plain daft in whatever shirt they're wearing. Like Cesc and Robin. It's a cracking mailbox with a load of different themes...

Gonna Party Like It's Your Birthday...

There are an awful lot of folk claiming to share their birthdays with Lionel Messi or Ronaldo, while we have an Arsenal fan who doesn't want to be liked and more...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property