Chelsea won the first edition of the revamped Fifa Club World Cup last July, but have also beaten their rivals to the title of biggest financial losers

Chelsea recorded a pre-tax loss of £355m for 2024-25, according to financial figures released by Uefa.

It is the highest annual loss ever made by an English football club, and the second highest in European history, following the £484m Barcelona's lost in 2021.

So what is the detail behind the numbers?

The report doesn't break down the loss into its component parts, but there are clues.