Chelsea FC announced today, Wednesday, that it recorded pre-tax losses amounting to 262.4 million pounds ($350 million), in its latest financial results, which is a record in the history of the English Premier League.
Chelsea, which is owned by private American investment firms, attributed these losses partly to “higher operating costs” in the 2024-2025 season compared to the previous year.
The British News Agency reported that the highest loss recorded before taxes in the English Premier League was 197.5 million pounds sterling (currently 263 million dollars), which was achieved by Manchester City in the 2010-2011 season.
Chelsea explained that its revenues for the year ending June 30, 2025 amounted to 490.9 million pounds ($650 million), which is the second highest number recorded for the London club, and this figure included part of the money it earned from winning the Club World Cup title.
Chelsea were deemed to be in compliance with the Premier League’s financial rules for the three-year period ending in the 2024-25 season, which allow for maximum losses of £105 million (US$140 million) during that period.
Expenditures on matters such as infrastructure, youth development and women’s football, for example, are not counted when club losses are assessed by the league.
