Chelsea 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 disclosed the figures on Wednesday, April 1, a sharp reversal from the previous financial year when it posted a profit of £128.4 million, largely driven by the sale of its women’s team to Blueco Midco, a subsidiary of its ownership group, for nearly £200 million.

 

 

Chelsea said the losses were partly the result of increased operating costs during the 2024/25 season compared to the previous year. Despite the losses, the club reported revenue of £490.9 million, the second-highest in its history, boosted in part by earnings from winning the Club World Cup.

 

 

The financial results come amid ongoing scrutiny of the club’s past financial conduct. Last month, 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 Chelsea’s current ownership, led by Todd Boehly, who self-reported the issues and showed “exceptional co-operation” during the investigation.

 

 

Chelsea were deemed compliant with the league’s profitability and sustainability rules (PSR) over the three-year period ending 2024/25. Under these regulations, clubs are permitted to incur losses of up to £105 million across three years, although certain expenditures, including investment in women’s football and youth development, are excluded from the calculation.

 

 

The club also confirmed 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.