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Chelsea Announce £67.7m Loss

Chelsea continue to hemorrhage money after announcing a loss of £67.7million for the financial year ending June 30, 2011.

That is only a slight drop decrease from the loss of £70.9million in 2010, as Chelsea struggles to fall in line with UEFA's new financial fair play rules.

Since Roman Abramovich took over Chelsea, the blues have now lost a combined £620million.

Read the full article at English Premier league.

English Premier league @ Feb 1, 2012 11:32 AM EDT | Blog Profile

Barclays Premier League Carlo Ancelotti Roman Abramovich villas boas Juan Mata bruce buck television contract Gourlay Fernando Torres meireles FFP david luiz oriol Courtois fair play Chelsea Finances

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