Chelsea announce record pre-tax loss of £262.4 million
Chelsea said their record losses were due in part to increased operating costs in 2024/25 (Glyn KIRK) Chelsea made a Premier League record pre-tax loss of £262. 4 million ($349. 3 million) for the year ending June 30, 2025, the club said on Wednesday as it was revealed they had spent more on agents' fees than any other English club this season.
The previous highest recorded pre-tax loss in the Premier League was the £197. 5 million posted by Manchester City for the 2010/11 season. Chelsea posted a profit of £128.
4m in the previous year's accounts but this was aided by the sale of the women's team to Blueco Midco -- a subsidiary company -- for nearly £200 million. Chelsea said that the losses were due in part to increased operating costs in 2024/25 compared to the previous year. Revenue was £490.
9 million, the club said, the second-highest recorded by the Blues, and included some of the money earned from winning last year's Club World Cup. Later Wednesday, a Football Association report into agents' fees in 2025/26 had Chelsea leading the Premier League with a spend of £65. 1 million -- well ahead of 'second-placed' Aston Villa's £38.
4 million. All together, English top-flight club spent £460. 3 million on agents' fees.