LONDON, April 1 (Bernama-PA Media/dpa) -- Football club Chelsea has announced pre-tax losses of £262.4 million (US$346.8 million) for the year ending June 30, 2025, reported PA Media/dpa.
The west London club posted a profit of £128.4 million in the previous year’s accounts, boosted by the sale of the women’s team to Blueco Midco – a subsidiary company – for almost £200 million.
The club said the losses were attributable 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 on record for the Blues, and included some of the money earned from last summer’s triumphant Club World Cup run.
Chelsea were deemed compliant with the Premier League’s profitability and sustainability rules (PSR) for the three years ending 2024-25. The rules allow for maximum losses of £105 million over three years.
--BERNAMA-PA MEDIA/dpa
