Chelsea announces Premier League-record losses of $350M‎

Chelsea made pre-tax losses of 262.4 million pounds ($350 million) in its latest financial results, the club announced Wednesday, a record high in the Premier League era. Chelsea, whose owners are from U.S. private equity, attributed the losses in part to “increased operating costs” in 2024-25 compared to the previous year. The previous highest recorded pre-tax loss in the Premier League was the 197.5 million pounds (now $263 million) posted by Manchester City for the 2010-11 season, Britain’s Press Association reported.