Last Updated: April 22, 2026 | 18:19 BST
Chelsea announce £262m losses for 2024-25
Chelsea started Q2 in 2026 by announcing their financial results for the 2024-25 accounting period. During that time, the Blues finished fourth in the Premier League, qualified for the Champions League and won the UEFA Europa Conference League and the FIFA World Club Cup. Those victories helped Chelsea’s revenue rise to £490.9million, the second-highest in the West London club’s history. Due to more games being played than usual, matchday revenue also rose to £86.8m, but that came with the caveat that operating costs increased. However, the headline news from Chelsea’s accounts is that they have posted a pre-tax loss of £262.4m, after making a £12.84m profit the year before.
Official Chelsea Financial Results (2024/25)
Figures confirmed via Chelsea FC Holdings Limited official 2024-25 accounts filing (year ended 30 June 2025).
Chelsea’s losses for the 2024-25 accounting period dwarf the previous Premier League record held by Manchester City, who lost £197.5m in 2010-11 as they started to build their current dynasty of success. Chelsea’s previous record loss came in 2020-21, when COVID-19 played a major role in a £153.4m deficit.
Largest Single-Year PL Losses (All-Time)
*Updated March 2026. Note: Figures represent pre-tax losses as reported in annual accounts; these may differ from PSR-adjusted calculations used for league sanctions.
The impact
Chelsea fans are sensing a very big summer transfer window is on the horizon. Earlier this year, Chelsea’s UEFA-calculated numbers confirmed a record-breaking £355million pre-tax loss – the largest deficit in English football history. UEFA’s numbers don’t factor in things like asset sales, something which the Blues have made the most of in recent years by selling things like the women’s team and the Stamford Bridge hotel. As a result of these losses, Todd Boehly and BlueCo need to not only tighten the purse strings this summer but also look at making huge sales in the player-trading market.
Moreover, Football Insider expert Keith Wyness accused Chelsea of a “waste of money” after it was revealed they spend more on agents than any club in the top flight, shelling out an eye-watering total of £65.1million between February 2025 and February 2026.
Chelsea Most Valuable Assets
UPDATED: APRIL 2026
| PLAYER | AGE | VALUE (GBP) |
|---|---|---|
| Cole Palmer Attacking Midfield | 23 | £95.7m |
| Moisés Caicedo Defensive Midfield | 24 | £95.7m |
| Enzo Fernández Central Midfield | 25 | £78.3m |
| Estêvão Right Winger | 18 | £69.6m |
| João Pedro Centre-Forward | 24 | £65.2m |
Chelsea break clause initiated to sack Liam Rosenior
On 22 April, it was confirmed that Chelsea sacked Liam Rosenior just 15 weeks into a six-and-a-half-year contract that he signed in January when he replaced Enzo Maresca in charge at Stamford Bridge. It was a baffling contract at the time, especially given Rosenior’s lack of experience as a manager. The ex-Strasbourg boss was put out of his misery, though, after a 3-0 loss against his former club Brighton saw the Blues go on a five-match losing streak without scoring a goal in the league for the first time since 1912. There were some concerning reports that Rosenior’s sack would cost the Blues a lot of money in compensation due to the length of his contract. However, it has since emerged that there was a break clause that means Chelsea are paying nothing – or very little – to dismiss the Englishman.
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