Stefan Borson suggests why Chelsea have made ‘Massive’ losses after official documents analysed

Below is a summary of the full article. Click here for the full version from Football Insider or go back to LFC Live.

(Credit: Imago) Stefan Borson: This is why Chelsea have made ‘massive’ losses after official documents analysed Mon 2 March 2026 10:51, UK Chelsea’s “massive” losses have not come as a surprise due to the financial situation at Stamford Bridge. Chelsea booked the highest pre-tax loss in English football history in the 2024-25 season, per data released today by UEFA.The European Club Finance and Investment Landscape report, issued annually by the governing body, includes the 10 clubs with the highest losses in a given… pic.twitter.com/cpToqqjAo6— The Athletic | Football (@TheAthleticFC) February 26, 2026 View Tweet Read More: Why Todd Boehly must take immediate action after Chelsea news MORE FOOTBALL INSIDER STORIES Why Chelsea’s losses have reached ‘very high number’There have been plenty of questions asked around the spending at Stamford Bridge over the past few years.

“There’s no surprise that it’s over £200m,” said Borson. The surprise is that there’s obviously some very chunky elements that occurred in the last financial year that have driven that number to a very high number.

Credit: Getty Images“Now, I think what’s happening is that, first of all, it’s very hard for us to reconcile those numbers because the reporting perimeter to Uefa is different from that which we see in the public domain. Certainly, we’ll have a better idea at the end of March when we see their results because they’ll have to publish all their accounts, so we’ll be able to get closer to the £342m.” Read More: Why Chelsea could be forced into transfer U-turnHow Chelsea transfers have impacted financial resultsBorson revealed some of the elements behind why Chelsea’s losses have increased dramatically.