The Premier League, the most lucrative football league on Earth, is hemorrhaging money at an alarming rate. Combined pre-tax losses for the 2024-25 season ballooned to roughly £787-795 million, up from just £154-155 million the prior year.
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How the Premier League burned through record revenue
The league collectively generated around £6.8 billion in revenue during the period. Soaring wages, inflated transfer amortization costs, and ballooning agent fees ate through every pound and then some. Underlying operating losses, which strip out player trading, hit £1.65 billion. That’s a 43% climb year-over-year.
Chelsea led the charge into the financial abyss with a single-club pre-tax loss of £262.4 million, setting a new Premier League record. The previous holder of that dubious honor was Manchester City, which posted a £197.5 million deficit back in the 2010-11 season.
