Chelsea’s high cost of fail­ure

The Press and Journal (North-East) - - Sport -

Sack­ing Jose Mour­inho and his staff in 2015 cost Chelsea £8.3mil­lion – about a third of what the club had to pay out when he left Stam­ford Bridge the first time in 2007.

The 2015 fig­ure is re­vealed in the club’s full ac­counts for the 2015-16 sea­son, a dis­as­trous cam­paign on the field for the 2014-15 Premier League cham­pi­ons and an ex­pen­sive one off the field. De­spite record turnover of £329.1mil­lion and a £49mil­lion profit on player trad­ing, Chelsea still man­aged to post a £70.6mil­lion loss.

While there is no ar­gu­ing that a 10th-place fin­ish in the Premier League, and no cup suc­cess, amounts to fail­ure for the first team, Chelsea’s ap­par­ent fi­nan­cial un­der-per­for­mance is a lit­tle mis­lead­ing. The rea­son for this is that the club paid kit sup­plier Adi­das £67mil­lion in com­pen­sa­tion for can­celling a 10-year deal six years early, so it could sign a much bet­ter deal with Nike.

The Adi­das con­tract was worth about £30mil­lion a year to the club but the new 15-year deal with Nike, which starts next sea­son, will bring in £60 mil­lion a year.

Jose Mour­inho: Con­trast with Jur­gen Klopp

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