Chelsea FC on Wednesday announced a pre-tax loss of £262.4 million for the year ending June 30, 2025, the highest ever recorded in the Premier League.
The figure surpasses the previous record loss of £197.5 million posted by Manchester City during the 2010/11 season.
Chelsea’s latest accounts mark a sharp reversal from the previous year, when the club reported a profit of £128.4 million, largely driven by the sale of their women’s team to a subsidiary company.
The club said increased operating costs during the 2024/25 season contributed significantly to the losses.
Despite the deficit, Chelsea recorded revenue of £490.9 million, the second-highest in the club’s history, boosted in part by earnings from winning the Club World Cup.
The financial report comes amid regulatory scrutiny.
Last month, the club admitted breaching Premier League rules over £47.5 million in undisclosed payments linked to former owner Roman Abramovich.
The Premier League imposed a £10.75 million fine and a suspended one-year transfer ban but did not deduct points, citing the club’s self-reporting and “exceptional co-operation” under the current ownership led by Todd Boehly.
Chelsea were, however, deemed compliant with the league’s profitability and sustainability rules for the three-year period ending 2024/25.
The club also disclosed that its women’s team, champions of the Women’s Super League for the past three seasons, recorded a £17.1 million loss despite generating £21.3 million in revenue.
The latest figures underline the financial balancing act at Stamford Bridge, where rising costs, regulatory pressures and ambitious sporting targets continue to shape the club’s long-term strategy.
