Elimination from last season's Champions League group stage saw a drop in income, but the club are confident they remain within the Financial Fair Play regulations
announced losses totalling £49.4 million for the year ending June 30, 2013.
The group turnover of £255.8m is a club record, but becoming the first reigning champions to be eliminated at the Champions League group stage saw a drop in income.
However, including the £1.4m profit from 2012, Chelsea insist they are at no risk of falling prey to the Financial Fair Play regulations.