According to the Times, according to the annual financial report of Chelsea's parent company Fordstam Ltd, Abramovich's company lent 19.9 million pounds to Chelsea last season, a total of 1.514 billion pounds (about 1.8 billion euros) to the Blues.
These borrowings are expected to be repaid to Abu's subsidiaries. But since the debt comes from the team owner (Abu) and there is no interest rate, Chelsea can effectively define itself as debt-free.
Chelsea spent £155.9 million on reinforcements in the summer window last year, and this season the Blues' salaries have increased by 17.5% to £333 million, second only to Manchester City in the Premier League.
(Bottom half of the ninth inning)
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