European champions Chelsea has announced that an annual loss of 145.6 million Euros for the year to June 30 2021 despite their Champions League triumph.

The London club were crowned kings of Europe in May following a 1-0 win over English rivals Manchester City in the Champions League final in Porto.

But while their turnover rose from 387.8 million Euros to 416.8 million Euros due to an increase in broadcasting revenue, Chelsea says they still made a loss after playing games with no crowds, with a reduction in profits on player sales also damaging their balance sheet.

Chelsea said Thursday they have signed three players for a total of 109.7 million Euros , striker ROMELU LUKAKU, goalkeeper MARCUS BETTINELLI and midfielder SAUL NIGUEZ, on loan from Atletico Madrid, since June 30.