Chelsea’s PSR position as club announce gigantic losses in latest financial results


Chelsea have announced a pre-tax loss for their latest financial results for the 2024/25 season

Chelsea have announced they have made an eye-watering pre-tax loss of £262.4million in their latest financial accounts. The Premier League club, who attributed some of the losses to increased operating costs for the 2024/25 season, are however, still PSR compliant.

The update from Chelsea comes 12 months after the Londoners announced a profit of £128.4m, which in part was contributed by the sale of the club’s women’s team to Blueco Midco for around £200million.

Even though Chelsea have recorded a financial loss, the Blues are thought to still be compliant with the Premier League’s Profit & Sustainability Rules for the three-year period ending with the 2024/25 season.

Under the rules, Chelsea are allowed to record a loss of £105million over three years, but this does not include losses caused by investment in infrastructure, the women’s team and youth development.

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As a result, Chelsea are understood to have been compliant under the PSR rules and have not been charged for any financial breaches. This is also the case for the rest of the Premier League, with no clubs charged for a PSR breach for the 2025/26 financial year, too.

Chelsea recorded a revenue of £490.9million, which is the second-highest in the club’s history. Despite this, it was not enough to prevent the club from announcing a major loss in their latest accounts.

Some of the revenue was attributed to Chelsea’s success in the FIFA Club World Cup last year, with the Londoners winning the trophy thanks to a victory over Champions League winners Paris Saint-Germain in the final.

Chelsea are yet to post the full financial results on their website as of Wednesday morning, but have filed their accounts with Companies House.

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The announcement also stated that Chelsea’s women’s team recorded a loss of £17.1million, despite the club earning £21.3m in revenue.

It is believed that the Blues are expected to record revenue of £700million for the 2025/26 season, which will be announced next year.

It was back in March that Chelsea were handed an academy transfer ban and given a huge fine after historical breaches relating to Financial Reporting and Third Party Investment.

Chelsea’s new owners, BlueCo, self-reported the club to the Premier League after buying the club from Roman Abramovich.

The Blues were found guilty of making undisclosed payments by third parties associated with the club, to players, unregistered agents and other third parties.

This led to Chelsea being given a £10million fine and a one-year first team transfer ban that has been suspended for two years.

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