Chelsea put losses of £121million in their latest financial records down to sanctions on former owner Roman Abramovich by the UK government.
The Blues posted their annual accounts, covering the 2021-22 season, showing significant losses in a period that included having to work under a special licence.
Abramovich was sanctioned by the UK government after Russia's invasion of Ukraine in February 2022, believing he had close ties with president Vladimir Putin and freezing the assets of several individuals as a result.
That saw Chelsea forced to operate under a special licence, which restricted the club from selling tickets, accept event bookings and signing contracts with players until Todd Boehly's takeover was completed on May 30, 2022.
In a statement on Monday, Chelsea added that these sanctions would be felt again "in the following years".
"The results for the year have been impacted by the sanctions placed on the club's previous owner on 10 March 2022," the statement read.
"As a result of the sanctions, the club was required to operate within the limitations of a special licence issued by the UK government. These restrictions were in place until the completion of the Club's sale on 30 May 2022.
"During this period, the Club was restricted in a number of areas including, but not limited to, its ability to sell matchday and season tickets, sell merchandise, accept event bookings, as well as sign contracts with players and commercial sponsorship partners, which collectively resulted in extraordinary expenses and loss of revenue.
"Furthermore, some of these limitations are also expected to have an impact on the financials in the following years due to the long-term impact from restrictions on entering into new contractual arrangements.
"Towards the end of the sanctioned period, the club was permitted to sell certain matchday tickets, with the Premier League committing to donate all revenue from these sales to charity. The restrictions were lifted following the change in ownership, and all operations have now resumed."
The Blues announced an overall net loss of £121.3m, though they confirmed they continue to meet the Premier League and UEFA's financial regulations.
'Who knows what will happen?' - Celtic loanee Idah unsure of future after Scottish Cup matchwinner
Adam Idah revelled in his last-gasp winner for Celtic in their Scottish Cup final victory over Rangers, but admits he is uncertain of his future.
The Norwich City loanee, who arrived from Carrow Road in February on a deal until the end of the season, was the hero at Hampden Park as the Scottish Premiership champions completed the double in dramatic fashion.
Substitute Idah reacted quickest in the 90th minute, with the final goalless and seemingly heading for extra-time, pouncing on the loose ball to slot away the rebound after Jack Butland could only parry Paulo Bernardo's fierce strike.
And the Republic of Ireland international revealed his joy at delivering the goods for Brendan Rodgers' side at such a crucial moment.
"I came here to try and score as many goals as I can," he told BBC Scotland. "I didn't think I’d score a goal like this, in front of all these fans – it's an amazing feeling.
"It's hard to put it into words. Everyone can see what it means to the players, the fans. Especially from a boy, being Irish, always supporting Celtic, it's amazing.
"Football's a tricky situation. I do love it here. It's a great club. I'm still contracted with Norwich City, who knows what will happen?"
Meanwhile, skipper Callum McGregor saluted the character demonstrated by his team-mates in securing the double against their bitter rivals.
"The mentality in this group, inside this building, inside this club, the fanbase – we just want to win trophies," he said.
"We know it's never going to be perfect, you're never going to turn up in all the cup finals. Rangers are a good team, they made it a good old-fashioned derby game, big tackles in there.
"But this group – they find the moment of quality, they stick together and they come out winners.
"Honestly, I’m delighted. If we turned up today and didn't win, everyone forgets about the league, we understand the pressure we're under."
Celtic 1-0 Rangers: Idah late show seals Scottish Cup glory for Hoops
Adam Idah scored a last-gasp winner as Celtic claimed the Scottish Cup by beating Old Firm rivals Rangers 1-0 on Saturday.
Idah came on from the bench to net a 90th-minute winner for the Hoops, who secured a league and cup double in Brendan Rodgers' first season back in charge.
Rangers thought they had taken the lead midway through the second half at Hampden Park, when Abdallah Sima tapped in from on the line.
However, VAR came to Celtic's rescue, with the onfield referee overturning his decision to give the goal when the replays showed Nicolas Raskin had pushed Hoops goalkeeper Joe Hart, who was playing in his last match before retirement.
Celtic made their good fortune count, with Idah reacting sharply to slam home from close range after Jack Butland spilled a shot.
It gave Rangers no time to respond, as Celtic sealed their 42nd Scottish Cup crown.
Data Debrief: Hart bows out on top
Hart confirmed his retirement several weeks ago, and the former England goalkeeper goes out on the highest note possible, with a domestic double.
The 37-year-old retires with six titles to his name with Celtic, following on from five trophies during his time with Manchester City.
In what proved to be his final Scottish Cup campaign, Hart conceded five goals in five appearances, keeping three clean sheets and recording a save percentage of 66.67.
Under-pressure Ten Hag claims Ratcliffe wants him to stay at Man Utd
Erik ten Hag has claimed Manchester United's new part-owner Jim Ratcliffe has told him he wants the Dutchman to stay at Old Trafford.
Reports on Friday suggested Ratcliffe, who now runs the footballing operations at United following INEOS' 27.7 per cent purchase of the club, had decided to sack Ten Hag regardless of the result of Saturday's FA Cup final, with the Red Devils taking on Manchester City.
United finished eighth, their worst-ever Premier League finish, this season, with Ten Hag under increasing scrutiny.
However, while hitting out at his critics in an interview with Dutch publication Voetbal International, Ten Hag claimed to have the backing of INEOS.
"INEOS told me that they want to change everything and that they want to rebuild with me," he said.
"This is what they told me directly."
Former Ajax boss Ten Hag also defended his tenure at United so far.
"United won the league for the last time in 2013, 11 years ago. But still they expect us to win every game while competing at the top. This club is not ready for that," he said.
"We were supposed to start building something and we made the first steps last year, but then you find out how big this club is and that nobody is ever satisfied.
"Within the club people were satisfied, but outside the club there was noise, [people] saying I won only the EFL Cup, lost the FA Cup final and finished third.
"Well, then you have no sense of reality. Other clubs had a much better squad."
Ten Hag also suggested that some pundits in England see United as "easy pray".
He added: "It's the biggest club in England and possibly in the world. The club is either loved or hated, there is no in-between.
"So when things go bad, they all start talking and talking with very big words. All this negativity from these so-called experts who don't have the capability to analyse something with facts, but who prefer to attack people to make themselves look better.
"And these same people were the ones who gave me a pat on the back last year. Last year I was able to walk on water, this year I am the worst manager in the Premier League?"
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