Chelsea almost debt-free

Roman Abramovich has all but wiped out Chelsea’s £340m (€375m) debt, according to financial figures released by the Barclays Premier League leaders.

Chelsea almost debt-free

Roman Abramovich has all but wiped out Chelsea’s £340m (€375m) debt, according to financial figures released by the Barclays Premier League leaders.

The 2009 results revealed losses down to £44.4m (€49m), a compensation payment of £12.6m (€13.9m) to Luiz Felipe Scolari and three of his staff – and also Abramovich repeating his actions of last year when debts were reduced by half.

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