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Record Loss Amid Title Wins
Chelsea announced a Premier League-record pre-tax loss of £262.4 million, eclipsing the previous record set by Manchester City.
“Chelsea have announced the biggest pre-tax loss in Premier League history”
The loss came despite Chelsea winning the UEFA Conference League and Club World Cup.
Revenue was £490.9 million, the second-highest in club history.
Chelsea spent over £1 billion on players since the BlueCo takeover in 2022.
Record agent fees amounted to £65.1 million, the highest of any Premier League club.
The club insists it remains compliant with the Premier League's Profit and Sustainability Rules.
Agent Fees and Transfer Market
Chelsea paid more in agent fees than all other top-flight rivals combined.
The high fees were partly due to record Premier League sales during the transfer window.
The Premier League fined Chelsea 3.75 million and gave a suspended one-year transfer ban for undisclosed payments under Abramovich.
The club's losses include the fine and write-offs for players like Raheem Sterling and Mykhailo Mudryk.
Multi-Club Ownership Accounting Effects
Chelsea's reported loss differs from UEFA's higher figure due to differing reporting requirements.
“UEFA's rules require clubs to report all costs related to the running of football operations even if they appear outside of a club's legal entity”
UEFA requires clubs in multi-club ownership structures to report all costs across the group.
Annual financial statements follow wider accounting rules not specific to football.
Future Outlook and Compliance
Sources close to Chelsea express confidence the club is fully structured to comply with all regulatory requirements.
Revenue is forecast to rise above 300 million in the 2025-26 financial year.
The club's women's team lost 17.1 million in 2024-25.