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Swapping Ancelotti for AVB cost Chelsea massive £30M

Submitted by tribalfootball.com on Wed, 02/01/2012 - 11:17

Chelsea shelled out £30 million to change managers at the end of last season, it has been revealed.

The Telegraph says the decision to replace Carlo Ancelotti with Andre Villas-Boas will be revealed to have cost Chelsea almost £30 million when the club’s annual accounts are filed at Companies House this week.

Almost half of their £67.7 million loss was as a direct result of the compensation that was paid to Porto, Ancelotti and other departing staff as a result of the Villas-Boas appointment.

Although the exact breakdown will not be revealed in the club’s accounts, a total figure of almost £30 million will be listed as costs associated with the change in manager. Around £15 million was paid simply to release Villas-Boas from his Porto contract.

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Team P W D L GD PTS
Manchester City 38 28 5 5 64 89
Manchester United 38 28 5 5 56 89
Arsenal 38 21 7 10 25 70
Tottenham Hotspur 38 20 9 9 25 69
Newcastle United 38 19 8 11 5 65
Chelsea 38 18 10 10 19 64
Everton 38 15 11 12 10 56
Liverpool 38 14 10 14 7 52
Fulham 38 14 10 14 -3 52
West Bromwich Albion 38 13 8 17 -7 47
Swansea City 38 12 11 15 -7 47
Norwich City 38 12 11 15 -14 47
Sunderland 38 11 12 15 -1 45
Stoke City 38 11 12 15 -17 45
Wigan Athletic 38 11 10 17 -20 43
Aston Villa 38 7 17 14 -16 38
Queens Park Rangers 38 10 7 21 -23 37
Bolton Wanderers 38 10 6 22 -31 36
Blackburn Rovers 38 8 7 23 -30 31
Wolverhampton Wanderers 38 5 10 23 -42 25
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