 Chelsea did not turn a profit in the first nine years of Abramovich 's ownership , and made record losses of £ <unk> in June 2005 . In November 2012 , Chelsea announced a profit of £ 1 @.@ 4 million for the year ending 30 June 2012 , the first time the club had made a profit under Abramovich 's ownership . This was followed by a loss in 2013 and then their highest ever profit of £ 18 @.@ 4 million for the year to June 2014 . 
