Chelsea Chief Departs After Shirt Sponsor Struggles

Chelsea Chief Departs After Shirt Sponsor Struggles

Chelsea’s chief revenue officer Casper Stylsvig has left his role less than two years after joining the Premier League giants.

The 52-year-old executive was hired in November 2023 following stints at AC Milan, Fulham, and Manchester United’s commercial department.

Chelsea announced his appointment with high hopes, with then-CEO Chris Jurasek praising Stylsvig’s “football and commercial expertise” at the time of arrival.

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However, Stylsvig departs Stamford Bridge with Chelsea still without a long-term shirt sponsor, leaving a major gap in revenue generation.

The Blues remain the only top-flight club without a confirmed front-of-shirt partner despite pursuing several deals over the last year.

Sponsor Search Leaves Chelsea Frustrated

Chelsea have reportedly sought between £60m and £65m annually for sponsorship, pricing out some potential partners in a challenging market.

Saudi airline Riyadh Air has been strongly linked, but no official agreement has yet been reached between the club and company.

Last season, Chelsea began without a sponsor before striking a short-term deal with Dubai-based property developer Damac late in the campaign, reports Daily Mail.

They also started the 2023-24 season sponsorless before eventually confirming a £40m short-term contract with US-based tech firm Infinite Athlete.

Stylsvig’s departure raises fresh concerns over Chelsea’s financial strategy, especially with Profit and Sustainability rules looming large over Premier League clubs.

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