“All of this, together, kept us going and as a result we have emerged from the pandemic financially stable,” Levy added.
“Global uncertainties remain and the club is not alone in facing significant cost pressures resulting from the impact of the pandemic on supply chain constraints and consequences of Brexit. Resilience is, however, a hallmark of everyone at the club.”
In January, Conte will want to enter the transfer market and would have likely sought reassurances during his negotiations to become head coach.
But these results could through doubt over whether Levy will be comfortable splashing the cash on new players so soon after a summer of spending.