Chelsea owners' extraordinary £630m losses come to light days after breaking Premier League record

Chelsea set an unwanted record when their accounts for the 2024/25 were announced this month and owners BlueCo have followed suit

Chelsea's parent company BlueCo 22 posted losses of £630million for the year ended June 30, 2025. This announcement comes not long after the west London club's accounts also displayed significant financial loss.

BlueCo, the consortium led by American billionaire Todd Boehly, completed its acquisition of Chelsea in May 2022 for a staggering £4.25 billion. The ownership group is split between several partners, including Boehly and private equity firm Clearlake Capital.

Since the takeover, BlueCo has expanded into a multi-club model, acquiring French side RC Strasbourg in June 2023. The original consortium agreement provides for a rotating chairman, with Boehly serving until 2027.

At the beginning of April, it was announced that Chelsea's pre-tax loss for 2024/25 broke the all-time Premier League record. Their owners did not fare much better.

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Chelsea's accounts for the year ended June 30, 2025 detailed pre-tax losses of £262.4million. The club has posted a profit of £128.4m in the previous year's accounts. The sale of the women's team to BlueCo Midco, a subsidiary, for nearly £200m significantly boosted this.

BlueCo 22 lost roughly £630m in 2024/25, and football finance expert Kieran Maguire pointed out that since their purchase of Chelsea, the group has total losses topping £1.6billion, or £10.4m per week since the acquisition.

However, Chelsea complied with the Premier League's Profitability and Sustainability Rules (PSR) for the three-year period ending 2024-25.

The rules permit losses up to £105m over three years, with some expenses, such as infrastructure, youth development and women's football, being add-backs that can be excluded from this limit.

It is understood that these add-backs made Chelsea compliant for the 2024-25 period. No clubs have yet faced PSR breach charges for the period ending in 2025-26.

The previous record for a pre-tax loss in the Premier League was £197.5m by Manchester City in 2010-11, but Chelsea's figure dwarfs it. Sources close to Chelsea believe the club is now fully structured to meet all regulatory requirements and expects to stay compliant.

This includes adherence to UEFA's football earnings rule. Last July, Chelsea was fined about £17.3m for violations, with an additional fine of up to £50m if compliance was not achieved within 4 years. The club is reportedly projecting revenue of over £700m for the 2025-26 season.

Manager Liam Rosenior will be hoping that performances on the pitch can improve too after a comprehensive 3-0 defeat at the hands of Manchester City at home on Sunday.

The Blues face Manchester United at Stamford Bridge next before a trip to Brighton. This match will be followed by an FA Cup semi-final clash with Leeds United at Wembley.