Newcastle United and several other Premier League clubs have released their financial accounts for the 2024/25 season this week.
Newcastle United confirmed a record turnover of £335.3million for the 2024/25 season, making a profit of £34.7million.
The Magpies are still some way short of some of their Premier League rivals, with Aston Villa moving above them into seventh with a reported revenue of £378.1million on the back of a positive Champions League campaign.
Next year’s results will likely see Newcastle move back above Villa, having competed in the Champions League this season.
Chelsea are sixth with a reported revenue of £490.9million - all three clubs posting their biggest turnover on record.
But a significant note in Newcastle’s financial results was the sale of St James’ Park to subsidiary company, PZ Holdings Ltd. This was facilitated by granting an underlease for 72 years for a premium of £172.1million, which totalled £133.2million profit on disposal.
The sale, which came just before the June 30 financial deadline, saw Newcastle avoid PSR punishment and post a profit rather than a near £100million loss. That loss would have been the biggest in the club’s history.
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Chelsea record biggest ever Premier League loss
Meanwhile, Chelsea not only published the biggest loss in their history but the biggest loss ever recorded by a Premier League club, with their 2024/25 accounts declaring a £262.4million loss.
Last season saw Chelsea win the Conference League and finish just above Newcastle in the table, qualifying for the Champions League. The Blues also won the lucrative FIFA Club World Cup, the prize money of which is only partially included in the 2024/25 accounts.
The club were also punished by UEFA for breaching its financial rules, which brought with it a £26.7million fine. Newcastle are also facing a likely fine as the stadium sale is not included in UEFA’s financial calculations.
Chelsea’s £262.4million loss smashes the previous record of £197.5million recorded by Manchester City in 2011, before harsher financial rules were implemented.
The West London club have now recorded four of the six biggest yearly losses in Premier League history.
The biggest recorded losses in Premier League history
chelsea">Chelsea (2025) - £262.4m
Manchester City (2011) - £197.5m
Cheslea (2021) - £155.9m
Chelsea (2023) - £155.0m
Manchester United (2022) - £149.6m
Chelsea (2005) - £140.0m
Everton (2020) - £139.9m
Manchester United (2006) - £137.7m
Manchester United (2024) - £130.8m
Arsenal (2021) - £127.2m
Manchester City (2020) - £125.1m
Manchester City (2010) - £121.3m
Everton (2021) - £120.9m
Tottenham Hotspur (2025) - £120.6m
Aston Villa (2022) - £120.3m
Chelsea (2022) - £119.2m
Everton (2019) - £111.8m
West Ham (2025) - £104.2m
Chelsea (2019) - £101.6m
Aston Villa (2020) - £99.5m
*Newcastle United (2025) - £98.4m (without St James’ Park sale)
*Newcastle United record loss (2023) - £73.4m
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