Football Australia's losses almost doubled to a record $15.34 million last year, prompting plans to axe 20 per cent of staffers at soccer's governing body.
The unprecedented loss followed a then-record loss of $8.5 million in 2024.
In its financial report for the year that ended on December 31, FA detailed its losses despite revenue climbing to an all-time high.
"Revenues grew to $139,446,000, representing the strongest result since the separation of the A-League and continued commercial momentum and audience engagement across the game," FA's financial report states.
But FA still reported a massive loss, equivalent to 11 per cent of revenue.
"The net loss ... after tax for the year ended 31 December 2025 was $15,340,000," the financial report states.
