Chelsea paid 23.1 million pounds in compensation to former managers Jose Mourinho and Avram Grant along with five of their coaching staff, the Premier League club said in its results released today.

The results also show reduced losses of 65.7 million pounds for the year ending June 2008. The club reported losses of 74 million in the previous year.

"The results include exceptional items of 23.1 million pounds related to compensation payments to two first team managers and five coaching staff," the report on the club's website (www.chelseafc.com) said.

The figure does not include the compensation due to Luiz Felipe Scolari, who was sacked on Monday after only seven months in charge after replacing Grant.

Russia national coach Guus Hiddink will take over next week as Chelsea manager until the end of the season.

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