The Blues, owned by Russian oligarch Roman Abramovich, made a profit of £39.5m in the previous financial year, before the pandemic.
Yet despite a jump in turnover for the last financial year – by £29m to £416.8m – a near-complete loss of matchday revenue contributed massively to an overall post-tax loss.
Chelsea recorded a post-tax loss of £145.6million for the financial year ending in June
The Blues, owned by Russian oligarch Roman Abramovich, previously made a profit of £39.5m
Matchday revenue was just £7.2m, with the majority of matches at Stamford Bridge played behind closed doors.
For comparison, the last full campaign pre-Covid saw the club make £75.6m in matchday revenue – so the last financial year saw a loss of £68.4m.
Before the current season, just three games had any capacity at all – and that was with a limit of 2,000 last December and then 10,000 in May.
Chelsea only had three home games with limited capacities in the last financial year
A lack of fans on matchday also meant the club took a hit regarding their commercial income – the accounts show it falling by £16.1m to £136million – however there was a net increase in sponsorship revenue.
Broadcasting revenue actually increased by £91million to £273.6m, but that was due to the 2019-20 Premier League season running until late-July, alongside additional Champions League encounters.
The last financial year saw Chelsea change first-team managers, with club legend Frank Lampard replaced by Thomas Tuchel in January, who then led the club to their second Champions League title in May.