Chelsea announce biggest pre-tax loss of any club in PL history
Chelsea have announced the biggest pre-tax loss ever recorded by a Premier League club.
Chelsea's pre-tax loss of 262.4m for the year ending June 30, 2025 surpasses the 197.5m posted by Manchester City for the 2010/11 season.
The west London club posted a profit of 128.4m in the previous years accounts, boosted by the sale of the womens team to Blueco Midco a subsidiary company for almost 200m.
The club said the losses were attributable in part to increased operating costs in 2024-25 compared to the previous year.
Revenue was 490.9m, the club said, the second-highest on record for the Blues, and included some of the money earned from last summers triumphant Club World Cup run.
Chelsea were deemed compliant with the Premier Leagues profitability and sustainability rules (PSR) for the three-year period ending 2024-25. The rules allow for maximum losses of 105m over three years, but some of the losses clubs post in their financial reports can be added back under PSR spending on infrastructure, youth development and womens football for instance.
Chelsea also announced on Wednesday that their womens team (Chelsea Football Club Women Ltd) posted a loss of 17.1m, despite generating 21.3m in revenue.
'Arsenal monitoring Leverkusen teenage striker Kofane'
Arsenal are monitoring Bayer Leverkusen's teenage striker Christian Kofane, according to Sky in Germany.
Kofane impressed against the Gunners in both legs of Leverkusen's 3-1 Champions League last 16 defeat.
But it is claimed that several other top English clubs and Real Madrid are also interested in the 19-year-old.
Leverkusen will reportedly demand between 52.3m and 61m (60-70m) this summer for the Cameroon international.
The Leverkusen hierarchy are in contact with Kofane's agent over his future.
Kofane has scored seven goals and provided eight assists in 39 games across all competitions for Leverkusen this season.
Your Site News special: Inside Spurs
On Thursday at 7pm, Your Site News will be airing a special programme about Spurs' issues with their ever-present Premier League status under serious threat.
'Inside Spurs' will feature special guests, including Jamie O'Hara, to dissect and examine the club's predicament as they aim to avoid a first relegation in 49 years.
The programme will also analyse the appointment of Roberto De Zerbi, who has just become the club's third head coach of the season.
WOW! Dowman's sensational goal for England U19s with run from own half!
Rangers confirm Matondo exit
Rangers have confirmed the departure of Rabbi Matondo to Norwegian side SK Brann in a permanent transfer.
The Wales international has played just three times this season, all of them as a substitute. His final appearance came in an 8-0 win over Queens Park in February.
The 25-year-old former Manchester City youth player arrived at Ibrox from Schalke in July 2022 and scored eight goals in 70 appearances, most of which were off the bench.
He spent the second half of last season on loan with Hannover in Bundesliga 2 and missed the first half of the current campaign with a knee injury, but was included in the Wales squad for this months World Cup play-offs.
A brief statement from the Ibrox club read: Everyone at Rangers wishes Rabbi the best of luck in his future endeavours.
Spurs appoint De Zerbi as third head coach of the season
Tottenham have appointed Roberto De Zerbi as their third head coach of the season.
Spurs close to announcing De Zerbi as new head coach
Tottenham are close to announcing Roberto De Zerbi as their new head coach.
Full story:
Spurs talks with De Zerbi continuing with backroom staff under discussion
Latest from Your Site News' Lyall Thomas:
Tottenham are continuing talks with Roberto De Zerbi on Tuesday.
As Your Site News reported on Monday, negotiations are progressing well, and Spurs are hopeful of making an appointment before the players return from international duty.
A number of aspects still need to be agreed upon, including the make-up of De Zerbi's backroom staff.
The Italian is not yet thought to be in London either - but if a full agreement is made this week, he will be ready to travel to the UK.
Relegation-threatened Spurs, who sit one point above the bottom three with seven games to go, want the former Brighton boss to take over permanently after and have offered him a five-year contract.
The 46-year-old was high on the list of preferred candidates for Spurs this summer, but plans to pursue the appointment have been fast-tracked due to changing circumstances at the club.
Championship Catch-up: The run-in is here! Who will go up, down & make the play-offs?
Simeon Gholam is joined by Andy Hinchcliffe and Tommy Smith to take a look at all the latest action from the Championship on theYour Site Essential EFL podcast.
The panel assess Coventry's march towards the Premier League, and the sides vying for promotion and the play-offs. Attention then turns to the bottom of the table and the sides at risk of dropping into League One.
Tonali will only leave 'on our terms', says Newcastle chief
Newcastle chief executive David Hopkinson says players will only leave the club "on our terms" in response to Sandro Tonali's future.
Tonali has been heavily linked with a departure from the North East and should he leave, it would represent back-to-back departures of marquee players at St James' Park following Alexander Isak's exit last summer.
Isak's transfer to Liverpool was a long, drawn-out affair that included the Sweden international training away from the squad and releasing a damning statement before his move was complete.
Responding to a direct question about Tonali, Hopkinson says players will leave on Newcastle's terms.
"We haven't got an overall strategy with regard to players out, necessarily," he said.
"We think through what players might or might not want to do this summer. But if an Isak-like scenario presents itself again, any player under contract is going to leave on our terms and we're going to maximise the opportunity that might represent for the club.
"Going forward, our strategy is to buy well and sell well. Buying well does not necessarily mean spending the most money. It means working in the marketplace for the players that generate the most value for this club rather than the fee paid for them.
"So there are a multitude of things we need to employ, including developing our own, looking for opportunities in the marketplace and making sure we are maximising our opportunity within the available price we can produce."
