Chelsea on Wednesday reported a pre-tax loss of £262.4 million ($349.49 million) during the 2024-25 season, the biggest annual loss in English football, surpassing the previous record loss of £194.9 million posted by Manchester City in 2010-11.
The London-based club made a loss despite its revenue rising to £490.9 million for the year ending in June 2025, as it finished fourth in the Premier League and won the Europa Conference League.
Chelsea FC Holdings had reported a profit of £128.4 million for the 2023-24 season, after it sold its women’s team to parent company BlueCo, bringing in an overall revenue of £468.5 million.
The club said the revenue went up thanks to increased broadcasting receipts from the Premier League and its participation in the Club World Cup. Chelsea won the Club World Cup in July.
The season ended in a loss due to increased costs, Chelsea said in a statement.
“Operating expenses have risen markedly, driven predominantly by increased matchday costs, due to a return to European football,” Chelsea added.
Published on Apr 01, 2026
Comments are closed.