Chelsea reveal new £128.4m boost due to two major factors

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Evening Standard

·31. März 2025

Chelsea reveal new £128.4m boost due to two major factors

Overall revenue falls but Blues record profit thanks to player sales and “repositioning” of their women’s team

Targets: Chelsea currently sit fourth in the Premier League table as they bid to return to the revamped Champions League next season

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Chelsea have announced a pre-tax profit of £128.4million for the financial year ending June 2024.

The Blues revealed their latest financial results on Monday evening, confirming they had improved significantly on a £90.1m pre-tax loss for the previous year - their first under the ownership of Clearlake Capital and Todd Boehly - having benefited primarily from player sales of £152.5m and the “repositioning” of the club’s women’s team.

Chelsea transferred the ownership of their hugely successful women’s team to the club’s parent company BlueCo 22 Midco last summer.

They announced on Monday a profit on disposal of subsidiaries of £198.7m.

Addressing that repositioning of the women’s team, the club said: “This new approach will ensure CFCW has dedicated resources, management and commercial leadership solely focused on the growth and success of the women’s team.”

Chelsea’s matchday revenue increased to £80.1m from £76.5m, having maintained an average attendance of 40,000 fans at Stamford Bridge and also hosted three more women’s matches at the stadium.

Their commercial revenue was also up from £210.1m to £225.3m, which they attributed to an increase in player loan income and “strong sales of non-matchday activities, including stadium tours and merchandise sales”.

Chelsea’s overall revenue fell from a record £512.5m for 2022/23 to £468.5m, which the club put down to an absence of Champions League football.

They added that the reduction in revenue was offset by a decrease in operational costs, “resulting in a stable operating loss in comparison to the previous year”.

Chelsea also said that their broadcasting receipts had benefited from a sixth-place finish in the Premier League and deep runs in both the FA Cup and Carabao Cup, plus the women’s team winning the Women’s Super League (WSL) title again in addition to reaching the semi-finals of the Champions League for the second year in a row.