CAS judgement: UEFA ban overturned, City exonerated (report out p603)

Not anymore according to the Deloitte report published above, although the new American owner will probably correct that soon - Leicester City the 4th club with zero debt
Technically, Chelsea aren't (or weren't) in debt. But their holding company owed £1.5bn to Roman. That would certainly have been the case when these figures were compiled.
 

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