Chelsea’s £1BN Revenue Needs to Rely on the Metaverse

ByBhupender Singh

Oct 16, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Chelsea’s £1BN Revenue Needs to Rely on the Metaverse

Clear Lake Capital bought Chelsea for £4.25bn this summer. Its top executive Feliciano has said there is an opportunity to double Chelsea’s revenue to £1bn.

Football finance expert Kieran Maguire said Chelsea would be pinning their hopes on the Metaverse if they could convince people to pay for a pay-per-view game through headphones.

Kieran Maguire added: “I think Chelsea’s consortium is very media tech-focused, they know Chelsea has a global fan base and most of that base doesn’t make it to Stamford Bridge and doesn’t have many tickets. Maybe they’re thinking: Can we give the fans a Stamford Bridge feel? And this needs to rely on the metaverse to achieve.

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