They are not self sustaining, like City they are reliant on their owner propping them up, City with £240 million per season of commercial deals owned Shiekh Mansour, Chelsea have had £350 million cash injection to cover losses and wages during the Pandemic, it got so bad they actually struggled going forward to pay a coming months wages last season until Abramovich wired them a cash injection/loan.
When you owe your owner £1.5 billion in loans or half your turnover is companies sponsoring you owned by your owner, then you are not self reliant.
Also Swiss billionaire Hansjor Wyss has claimed last night in Switzerland that Abramovich offered to sell Chelsea to him and his partners yesterday, Wyss said the price is far to high, seems Abramovich wants over £2 billion for the club to cover the loans he's owed and to walk away with a profit.
“I and three other people received an offer on Tuesday to buy Chelsea from Abramovich.
“I have to wait four to five days now. Abramovich is currently asking far too much.
“You know, Chelsea owe him £2 billion. But Chelsea has no money.
“As of today, we don’t know the exact selling price.”