Premier League losses climb to £948m

Deloitte's annual review found Premier League clubs' combined pre-tax losses rose from £135m in 2023-24 to £948m in 2024-25, driven by heavy transfer spending and the absence of large one-off player sale profits; net debt edged up to £3.6bn. Championship clubs saw pre-tax losses rise 12% to £355m, with only three clubs reporting profits, while Premier League revenue totaled £6.8bn versus £942m in the Championship. Deloitte warned revenues may plateau, cautioned against adding fixtures as a growth strategy, and highlighted stalled television revenue redistribution talks and possible backstop powers for the Independent Football Regulator.

Premier League clubs reported £948m pre-tax losses in 2024-25