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Iran World Cup coach says 'impacted' by politics but ignoring 'hype'
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Cape Verde's Bubista relishing 'dream' World Cup clash with Spain
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Cauley wins Canadian Open eight years after crash derailed his PGA career
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Davis-Woodhall doubles up at LA Grand Prix
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Germany crush Curacao, Japan thwart Dutch at World Cup as Iran arrive
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Curacao have nothing to be ashamed about, says Advocaat
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Japan fight back in 2-2 Dutch thriller at World Cup
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US-Iran peace deal announced with 'permanent' end to military action
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G7 protest turns from carnival to violent stand-off
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Yamal fit but will not start Spain's World Cup opener, says De la Fuente
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Marchant double helps Stade Francais thump La Rochelle to reach semis
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Iranian-Americans vow to protest World Cup game in Los Angeles
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Spielberg's 'Disclosure Day' debuts atop N. America box office
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Germany crush World Cup debutants Curacao as Iran set to arrive in US
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Americans Kim and Wilson team up to win LPGA Dow pairs event
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Clashes as thousands protest in Geneva ahead of G7 summit in France
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Iranian football legend Azizi puts peace above politics amid World Cup tensions
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US singer Oliver Tree aboard helicopter in deadly mid-air crash in Brazil
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In-form Robinson ruled out of England's second Test against New Zealand
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Bitter communion: Cuban priests ordered to ration mass wafers
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Koepka withdraws from Canadian Open sparking US Open concerns
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Germany hammer World Cup debutants Curacao after early scare
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Yato double keeps Perpignan in Top 14
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Spurs defender Porro signs new contract
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US order cutting access to Anthropic's AI models sparks criticism
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World Cup history beckons for ageless Messi
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India rout Pakistan at women's T20 World Cup
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In crisis-hit Cuba, World Cup offers brief respite
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Antonelli left 'empty' after Barcelona Grand Prix retirement
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Zelensky says will discuss Ukraine war with Trump at G7 summit
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Hamilton 'rebuilt' his mind to earn first Ferrari triumph
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Swiss reject divisive anti-immigration proposal
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Brazil's frailties laid bare in shaky World Cup opener
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Australia's Irankunda revels in 'unreal' World Cup shock
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Six killed as helicopters collide in Rio de Janeiro
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South Africa says 2,745 foreigners sent home in a week
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Diamond sparkles in French Oaks as Moore completes classic clean sweep
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Thousands protest in Geneva ahead of G7 summit in France
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Poland's Majchrzak stuns De Minaur for first ATP title
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Connolly century sets up dramatic Australia ODI win over Bangladesh
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Del Toro overhauls Tuckwell to win Auvergne Tour
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Dozens arrested in New York violence after Knicks win title
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Hamilton claims his first Ferrari win at Barcelona Grand Prix
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UK intercepts Russian shadow fleet vessel in Channel
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Vekic beats Raducanu in Queen's Club final to end title drought
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Toyotas pounce late to retake title in 24 hours of Le Mans
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Seixas out of Auvergne Tour due to crash injuries
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London, Tokyo agree $24-bn investment deal
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China direct strike threat to Australia 'growing': report
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Hridoy anchors Bangladesh to 274-5 in third ODI against Australia
Chelsea announce record pre-tax loss of £262.4 million
Chelsea made a Premier League record pre-tax loss of £262.4 million ($349.3 million) for the year ending June 30, 2025, the club said on Wednesday as it was revealed they had spent more on agents' fees than any other English club this season.
The previous highest recorded pre-tax loss in the Premier League was the £197.5 million posted by Manchester City for the 2010/11 season.
Chelsea posted a profit of £128.4m in the previous year's accounts but this was aided by the sale of the women's team to Blueco Midco -- a subsidiary company -- for nearly £200 million.
Chelsea said that the losses were due in part to increased operating costs in 2024/25 compared to the previous year.
Revenue was £490.9 million, the club said, the second-highest recorded by the Blues, and included some of the money earned from winning last year's Club World Cup.
Later Wednesday, a Football Association report into agents' fees in 2025/26 had Chelsea leading the Premier League with a spend of £65.1 million -- well ahead of 'second-placed' Aston Villa's £38.4 million.
All together, English top-flight club spent £460.3 million on agents' fees.
Last month, Chelsea admitted to breaching Premier League rules in relation to some £47.5 million of undisclosed payments made under former owner Roman Abramovich.
The Blues were fined £10.75 million and given a suspended one-year transfer ban by the Premier League.
But, unlike other clubs, they escaped a points deduction -- a move justified by the Premier League on the grounds Chelsea's new owners, a consortium led by US businessman Todd Boehly, had self-reported the information that led to an investigation and had demonstrated "exceptional co-operation" throughout.
Chelsea were deemed compliant with the Premier League's profitability and sustainability rules (PSR) for the three-year period ending 2024/25.
The rules allow for maximum losses of £105 million over three years, but some of the losses clubs post in their financial reports can be overlooked under PSR –- for example spending on women's football and youth development.
Chelsea also announced on Wednesday that their women's team, champions of England's elite Women's Super League for the past three seasons, posted a loss of £17.1 million, despite generating £21.3 million in revenue.
A.Williams--AT
