Chelsea take huge hit to the wallet for missing out on Champions League

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Football News

The true cost of Chelsea's failure to qualify for the Uefa Champions League has been revealed and the number is nothing short of astronomical.

The Blues recorded a poor 10th place finish last season, meaning that they missed out on qualification for both the Champions League and the Europa League and making it the first time the club have missed out on qualifying for 15 years.

But this will hurt more than the club's pride, as a sheet showing distribution fees to all Champions League clubs was released, revealing that Chelsea have missed out on receiving a whopping £65million.

The 2015/16 season was an unusual one by regular Premier League standards, with the Blues falling off the pace so dramatically and the likes of Leicester and Tottenham competing in the title race in their stead.

The fee they won't collect will be worth two N'Golo Kante's, whom the club picked up over the summer from Champions Leicester in a £32m deal.

Chelsea have earned a total of £50m per year over their last five seasons in the Champions League, which trumps what any other English side has managed to pocket, but rivals Manchester City could now be set to overtake them should they qualify from their own group this term.

However, despite missing out on the windfall, it won't affect the club's finances too heavily. 

With the new Premier League TV deal coming into place this season, Chelsea will earn a healthy slice of the £5.1billion being pumped into the English top flight by the likes of Sky and BT Sport.

And not only that, the club will be able to dine on their new kit deal with Nike, who will pay the Blues a massive £60m per season for the next 15 years.

Conte to the rescue

The club now appears to be back on track under the guidance of new manager Antonio Conte, though, after they went unbeaten through the month of October.

Owner Roman Abramovic set the Italian the task of ensuring they make it back to European club football's top table and following victories over Hull, Leicester, Manchester United and Southampton their fortunes looks a lot healthier.

Chelsea now sit in fourth place – just a point off top spot – as they prepare to meet with Everton on Saturday.

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Premier League
Diego Costa
Frank Lampard
UEFA Champions League
John Terry

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