Chelsea have recorded a staggering £342m pre-tax loss for the 2024-25 season, the largest deficit ever recorded by an English club, according to UEFA’s latest financial report.
The figure is more than double the second-highest loss in Europe and highlights the club’s financial difficulties under current ownership.
Despite building one of the most expensive teams on the continent, the high costs on and off the Stamford Bridge pitch have significantly exceeded the income.
A key factor has been the lack of income from participation in the Champions League.
The London club already faces strict scrutiny from UEFA under cost control rules.
Possible sanctions or even forced player sales could be on the horizon as Chelsea seek to rebalance their finances and avoid further penalties.