
Chelsea FC's Record Loss: £262.4M
About this episode
Chelsea FC reports record-breaking pre-tax loss of £262.4 million, largest in Premier League history, attributed to soaring operating costs. Despite second-best revenue of £490.9 million, boosted by Club World Cup win, profitability rules remain a concern. New owners project over £700 million in revenue next season, aiming for steadier financial future.
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UK News Today | 2 Min News | The Daily News Now! — Chelsea FC's Record Loss: £262.4M. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On April 1st, Chelsea FC just dropped their financials for the 2024-25 season, reporting a pre-tax loss of £200.62.4 million, the largest ever in Premier League history. They blame him mainly on skyrocketing operating costs compared to last year. Revenue hit £4.90.9 million, their second best mark, boosted by the Club World Cup win last summer. Once a year prior, they flipped a £128.4 million profit thanks to selling the women's team to a related company. For about £200 million, fans and insiders are watching close, but the big worry is profitability rules. Chelsea says they're in the clear with Premier League sustainability regs, which cap losses at £105 million over three years, with extras allowed for youth setups, infrastructure and women's soccer. This back, they copped a suspended one-year transfer ban and a record £10.75 million fine for old breaches, undisclosed payments.
Over £47.5 million tied to ex-owner Roman Abramovich, greasing deals for stars like Eden Hazard back in the day. Since new owners like Todd Bowley took over in 2022 for £1.5 billion in transfers, they're projecting over £700 million in revenue next season, setting up for a steadier flow
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