Chelsea have announced the biggest pre-tax loss ever recorded by a Premier League club.
Chelsea’s pre-tax loss of £262.4m for the year ending June 30 2025 surpasses the £197.5m posted by Manchester City for the 2010/11 season.
The announcement comes just three weeks on from the club being hit with the Premier League’s biggest-ever fine and a one-year suspended transfer ban for self-reported financial breaches which occurred historically during the Roman Abramovich era.
Chelsea said this record loss was attributable in part to increased operating costs in 2024/25 compared to the previous year.
Revenue is up to £490.9m, the second highest on record for the club.
It is understood Chelsea expect that figure to rise even higher in 2025/26, potentially to £700m.
That is down to bumper player sales in the transfer market, which amounted to £314.4m last summer. Noni Madueke (£52m, to Arsenal), Kiernan Dewsbury-Hall (£29m, to Everton) and Djorde Petrovic (£25m, to Bournemouth) were among those deals.
Their successful Club World Cup sits across the 2024/25 and 2025/26 accounting years. They finished fourth last season under Enzo Maresca and won the Conference League.
Chelsea posted a profit of £128.4m in the previous year’s accounts, boosted by the sale of the women’s team to Blueco Midco – a subsidiary company – for almost £200m.
Chelsea also announced on Wednesday that their women’s team (Chelsea Football Club Women Ltd) posted a loss of £17.1m, despite generating £21.3m in revenue.
