Chelsea on April 1 reported a pre-tax loss of £262.4 million (S$450 million) during the 2024-25 season, the biggest annual loss in English soccer, surpassing the previous record loss of £194.9 million posted by Manchester City in 2010-11, Reuters reported.
The London-based club made a loss despite their revenue rising to £490.9 million for the year ending in June 2025, as they finished fourth in the Premier League and won the Europa Conference League.
Chelsea FC Holdings had reported a profit of £128.4 million for the 2023-24 season, after they sold their women’s team to their parent company BlueCo, bringing in an overall revenue of £468.5 million.