By Tony Jimenez LONDON (Reuters) - Roman Abramovich's Chelsea will comply with new European Financial Fair Play (FFP) rules despite returning to loss for the year ending June 2013. "Although the Europa League was won, a reduction in income from that success compared with winning the Champions League in 2012 contributed to a loss for the financial year of 49.4 million pounds ($81.64 million)," the club said in a statement on Tuesday. FFP regulations state a club can have a deficit of no more than 45 million euros (37 million pounds) a year but head of communications Steve Atkins told Reuters that because of complicated accounting rules, Chelsea's actual loss was around 34 million pounds. "Group turnover of 255.8 million pounds for the 12-month period is a record figure for the club despite elimination from the Champions League at the group stage last season," Chelsea said in their statement.
via Sports News Headlines - Yahoo News UK http://uk.news.yahoo.com/chelsea-comply-ffp-rules-despite-81-million-deficit-182802213--sow.html
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