Stefan Borson: Chelsea's owners to bankroll new injection after '£40m' blow
Chelsea’s owners will likely need to invest more money into the club this season despite only just injecting a further £80milliion. That is the view... The post Stefan Borson: Chelsea's owners to bankroll new injection after '£40m' blow appeared first on Football Insider.
Chelsea’s owners will likely need to invest more money into the club this season despite only just injecting a further £80milliion.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider that investment is unlikely to be enough to cover the London giants’ losses for the campaign.
As per a Companies House submission on 29 November, Chelsea’s parent holding company 22 Holdco Limited has issued eight million shares.
The issuance was split between 4.9 million Class A ordinary shares and 3.1 million Class B ordinary shares.
Each share was purchased at £10 per one pence share, taking the total investment to £80million.
Chelsea are still without a front-of-shirt sponsorship deal for this season, with their losses likely to increase if they can’t reach an agreement soon.
The West Londoners posted a loss of £89.9million in their latest accounts for 2022-23.
Chelsea owners have injected £80m to cover major losses
Borson revealed failing to land a new shirt deal could cost the club up to £40million this season.
He told Football Insider: “At the operating level, Chelsea are losing something like £200million a year and they have been for years.
“It will probably be more this year because they don’t have a front-of-shirt sponsor that would have paid them about £40million.
“They will be losing a lot of money and, therefore, if you are losing a lot of money, then you will need to raise money from shareholders or from debt.
“I think they are probably maxed out on the debt situation, so they need to raise more equity from the shareholders.
“That £80million is just another slice of that.
“I assume that they will have to put more in over the next few months.
“I don’t think that £80million is going to see them through to the end of the season.”
In other news, Chelsea “happy to pay for £80m+ new Arjen Robben”.
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The post Stefan Borson: Chelsea's owners to bankroll new injection after '£40m' blow appeared first on Football Insider.
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