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Chelsea are hoping to double their revenue within ten years
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Chelsea aiming to DOUBLE their revenue in the next ten years with dual stadium-shirt sponsor like Arsenal

Reigning Premier League champions currently only fourth in the earners list but are hoping to join Europe's elite

CHELSEA are aiming to DOUBLE their revenue in the next ten years with a dual stadium-shirt sponsor... much like Arsenal.

The reigning Premier League champions are currently only fourth in the earners list but are hoping to join Europe's elite.

 Chelsea are hoping to double their revenue within ten years
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Chelsea are hoping to double their revenue within ten yearsCredit: PA:Press Association

The Blues are eyeing up a dual shirt-stadium sponsorship deal, much like Arsenal with Emirates, in order to break into the top five earners in Europe.

Chelsea are currently only eighth in the European revenue stakes.

Commercial director Chris Townsend revealed the plan, claiming he hoped to increase the club's number of sponsors from 12 to between 30 and 35.

Townsend said: "Manchester United, Manchester City and others have anywhere between 50 and 70 [sponsors].

 Chelsea are expecting to do so by increasing their sponsorship deals
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Chelsea are expecting to do so by increasing their sponsorship dealsCredit: Getty

"We plan to focus on more premium brands in a far more limited range of categories."

Chelsea's turnover last year was nearly £200million behind financial giants Man United at £334.6m, compared to £515.3m.

City and Arsenal both also sit above Chelsea in the domestic revenue charts.

When the Gunners left Highbury to move to their current home, they struck a deal with Emirates to be both the shirt sponsor and have stadium naming rights.

 Arsenal have a dual sponsorship deal with airline Emirates
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Arsenal have a dual sponsorship deal with airline EmiratesCredit: Getty

That is an avenue Chelsea are considering pursuing, as they are keen to move stadiums in the next few years.

The Blues are currently in the early stages of a 15-year, £900m kit deal with Nike, while Yokohama Tyres serve as the main shirt sponsors, at £50m per year.

Now check out the seven things we learnt from the Premier League this weekend, including the world-class Harry Kane, Marouane Fellaini's revival and Saido Berahino's woes...

 Chelsea are hoping to become a major financial powerhouse in Europe
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Chelsea are hoping to become a major financial powerhouse in EuropeCredit: Getty
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