Chelsea FC have reported a Premier League record pre-tax loss of £262.4 million for the year ending June 30, 2025, surpassing the previous high of £197.5 million recorded by Manchester City in the 2010/11 season.
The club released the figures on April 1, marking a significant turnaround from the previous financial year when it posted a profit of £128.4 million. That earlier profit was largely driven by the sale of its women’s team to Blueco Midco, a subsidiary of its ownership group, for nearly £200 million.
Chelsea attributed the latest losses partly to increased operating costs during the 2024/25 season. Despite this, the club reported revenue of £490.9 million, the second-highest in its history, boosted in part by earnings from winning the FIFA Club World Cup.
The financial report comes amid ongoing scrutiny over the club’s past conduct. Recently, Chelsea admitted breaching Premier League rules over £47.5 million in previously undisclosed payments linked to the era of former owner Roman Abramovich.
As a result, the club was fined £10.75 million and handed a suspended one-year transfer ban. However, it avoided a points deduction, with the Premier League citing the actions of the current ownership, led by Todd Boehly, who self-reported the issues and demonstrated “exceptional co-operation” during the investigation.
Chelsea were still deemed compliant with the league’s profitability and sustainability rules over the three-year period ending 2024/25. Under these rules, clubs are allowed to record losses of up to £105 million across three years, with certain investments excluded from the calculation.
The club also revealed that its women’s team, which has won the Women’s Super League title for the past three seasons, recorded a loss of £17.1 million despite generating £21.3 million in revenue.
