Naijacrux News:Welcome to Naijacrux Online Forum..Great Place To Get Tips Facts Updates and More ,Interact Discuss & Learn With Others !!.remember to register to enjoy much more update!!!New Updates From Naijacrux -Naijacrux Is Now Mobile Friendly - Download Our Android App On Our Forum Rules And Announcement Section.Our App Will be Live On Google Playstore And IOS Store Soon Aswell - CLICK HERE TO DOWNLOAD NAIJACRUX ANDROID APP !!! Dear Guest And Naijacrux Dedicated Members,!!! ,  You Can Now Receive Naijacrux Weekly New Post and Updates Via Email by Subscribing To Our Newsletter Using The Subscribe Button Above The Naijacrux Announcement And Discussion At The Top Home Page!!Never Miss A New Post And Updates Again.!Thank You.  !!!YOU ARE WELCOME TO NAIJACRUX INFORMATIVE LEARNING AND INTERACTIVE FORUM.This Website is an Intensive Forum of Learning We recommend you Register & Login to Enjoy much free stuffs ::>>Also remember to Update your Profile Immediately after registration. Thank you!>>>!!!!To All Advertisers And Patronizers, kindly Send Mail To [email protected] For adverts Placement. thanks!!!


Author Topic: Chelsea announces largest pre-tax loss in English Premier League history  (Read 37 times)

0 Members and 1 Guest are viewing this topic.

Offline lindaikeji

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1131
  • Karma: +0/-0
Advertisement
Chelsea announces largest pre-tax loss in English Premier League history

Chelsea have reported a Premier League record pre-tax loss of 262.4 million for the year ending June 30, 2025, surpassing the previous high of 197.5 million recorded by Manchester City in the 2010/11 season.The club disclosed the figures on Wednesday, April 1, a sharp reversal from the previous financial year when it posted a profit of 128.4 million, largely driven by the sale of its womens team to Blueco Midco, a subsidiary of its ownership group, for nearly 200 million.Chelsea said the losses were partly the result of increased operating costs during the 2024/25 season compared to the previous year. Despite the losses, the club reported revenue of 490.9 million, the second-highest in its history, boosted in part by earnings from winning the Club World Cup.The financial results come amid ongoing scrutiny of the clubs past financial conduct. Last month, Chelsea admitted breaching Premier League rules over 47.5 million in previously undisclosed payments linked to the era of former owner Roman Abramovich.As a result, the club was fined 10.75 million and handed a suspended one-year transfer ban. However, it avoided a points deduction, with the Premier League citing the actions of Chelseas current ownership, led by Todd Boehly, who self-reported the issues and showed exceptional co-operation during the investigation.Chelsea were deemed compliant with the leagues profitability and sustainability rules (PSR) over the three-year period ending 2024/25. Under these regulations, clubs are permitted to incur losses of up to 105 million across three years, although certain expenditures, including investment in womens football and youth development,  are excluded from the calculation.The club also confirmed that its womens team, which has won the Womens Super League title for the past three seasons, recorded a loss of 17.1 million despite generating 21.3 million in revenue.The post Chelsea announces largest pre-tax loss in English Premier League history appeared first on Linda Ikeji Blog.
Source: Chelsea announces largest pre-tax loss in English Premier League history