Sacking Conte cost Chelsea 26.6 million pounds, accounts show

Conte joined the West Londoners in 2016, and won the league in 2017, but was dismissed with 12 months to run on his contract.The accounts, published on the Companies House website, said exceptional items of 26.6 million pounds related to"changes in respect of the men's team management and coaching staff, together with associated legal costs."Exceptional items in the previous year of 6.0 million related entirely to the buyback of retail, licensing and sponsorship rights.

"The company has received confirmation from its parent undertaking that sufficient funds will be provided to finance the business for the foreseeable future," the accounts added. The club made a loss of 96 million pounds after taxation, compared to a 60.1 million profit in 2017-18 and said this was due mainly to increased wages and salary costs as well as reduced profit on player sales.

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