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Chelsea Reports Record £262.4m Pre-Tax Loss for 2024-25

The club says permitted adjustments keep it within Premier League spending rules.

Overview

  • Chelsea, which disclosed the figures on Wednesday, posted a £262.4m pre-tax loss for 2024-25, the largest annual deficit ever recorded by an English club.
  • Revenue rose to £490.9m, yet the club said higher operating and matchday costs from a return to European competition and several one-off items pushed the year into deep loss.
  • The loss includes fines and accounting write-offs, including a £10.75m Premier League sanction tied to historical agent payments and charges taken on certain player contracts.
  • Officials and multiple outlets report Chelsea remains compliant with Profitability and Sustainability Rules, which cap three-year losses but allow “add-backs” for spending on infrastructure, the academy, and women’s football.
  • Later Wednesday, FA data showed Chelsea led the league in agents’ fees at £65.1m, as the club projects revenue above £700m in 2025-26 with Club World Cup and Champions League income while regulators continue to monitor.