Chelsea made pre-tax losses of £262.4 million in its latest financial results, the club announced Wednesday, a record high in the Premier League era, according to sportsnet.ca.
Chelsea, whose owners are from U.S. private equity, attributed the losses in part to “increased operating costs” in 2024-25 compared to the previous year.
The previous highest recorded pre-tax loss in the Premier League was the £197.5 million pounds posted by Manchester City for the 2010-11 season, Britain’s eSporty News reported.
Revenue for the year ending June 30, 2025, was £490.9 million Chelsea said — the second-highest on record for the London club. That included some of the money earned from its title-winning run at the Club World Cup.
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Chelsea was deemed to be compliant with the Premier League’s financial rules for the three-year period ending 2024-25, which allows for maximum losses of £105 million over that block. Spending on things like infrastructure, youth development and women’s football, for example, isn’t included when the league assesses clubs’ losses.
