Chelsea Break English Football Record With £262.4m Pre-tax Loss For 2024-25 Season

Chelsea connected Wednesday reported a pre-tax nonaccomplishment of £262.4m during nan 2024-25 season, nan biggest yearly nonaccomplishment ever recorded successful English football, surpassing nan erstwhile grounds nonaccomplishment of £197.5m posted by Manchester City successful 2010-11.

The nine posted a profit of £128.4m successful nan erstwhile year’s accounts, boosted by nan waste of nan women’s squad to Blueco Midco – a subsidiary institution – for almost £200m. Chelsea said nan losses were attributable successful portion to accrued operating costs successful 2024-25 compared to nan erstwhile year.

Revenue was £490.9m, nan nine said, nan second-highest connected grounds for nan Blues, and included immoderate of nan money earned from past summer’s triumphant Club World Cup run.

Chelsea were deemed compliant pinch nan Premier League’s profitability and sustainability rules (PSR) for nan three-year play ending 2024-25. The rules let for maximum losses of £105m complete 3 years, but immoderate of nan losses clubs station successful their financial reports tin beryllium added backmost nether PSR – spending connected infrastructure, younker improvement and women’s shot for instance.

It is understood those “add backs” of permitted losses ensured Chelsea were deemed PSR-compliant for 2024-25. No clubs person been charged pinch PSR breaches for nan play ending pinch nan 2025-26 play either.

Sources adjacent to Chelsea are believed to beryllium assured nan nine are now afloat system to comply pinch each regulatory requirements, and expect to stay compliant. That is understood to see compliance pinch Uefa’s shot net rule. Last July, Chelsea were fined €20m (equating to £17.3m astatine nan time) for breaching nan rule, pinch a further good of complete £50m payable if compliance was not achieved complete a four-year period.

The nine did not people nan afloat accounts connected their website connected Wednesday morning, but it is understood these person been submitted to Companies House. Chelsea are believed to beryllium forecasting gross of complete £700m for nan 2025-26 season.

Chelsea had spent astir £1.5bn connected transfers arsenic of past summertime since nan caller ownership group featuring nan American businessman Todd Boehly bought nan nine from nan Russian billionaire Roman Abramovich successful nan summertime of 2022, but nine sources opportunity their transportation income figures past summertime were nan highest successful Premier League history.

Club insiders besides said Chelsea’s spending connected agents was astatine aliases beneath nan Premier League mean mark.

Chelsea are understood to beryllium anticipating a financial alternatively than sporting punishment from nan Football Association aft admitting to breaches of its rules regarding payments to agents nether nan ownership of Abramovich. Any fines incurred are group to beryllium covered by money held backmost by nan Boehly consortium successful nan acquisition of Chelsea.

The nine avoided a points conclusion aft entering into a punishment statement pinch nan Premier League, which besides investigated £47.5m of undisclosed payments during nan Abramovich era. Chelsea were fined £10.75m and fixed a suspended one-year transportation prohibition arsenic nickname of nan practice it gave to nan Premier League.

Chelsea besides announced connected Wednesday that their women’s squad (Chelsea Football Club Women Ltd) posted a nonaccomplishment of £17.1m, contempt generating £21.3m successful revenue.

In February, a Uefa study put Chelsea’s losses for 2025 moreover higher – astatine €407m (£355m). Sources adjacent to nan nine opportunity nan quality betwixt that nonaccomplishment fig and nan 1 reported by nan nine connected Wednesday is owed to nan different reporting requirements applied by European football’s governing body.