Chelsea were one of the big losers last season as they finished 12th in the Premier League and performed inconsistently in the Champions League, where they lost in the quarter finals to Real Madrid.
Since Roman Abramovich‘s departure in February 2022, the Londoners have not come close to winning any major title, their last conquest being the 2021 Club World Cup, almost two years ago.
In England they have not tasted the sweetness of success since the 2017 FA Cup, but this journey in the desert will not be for lack of investment.
After the turbulent departure of Abramovich from Chelsea because of the sanctions of the Ukrainian war, and the arrival of American tycoon Todd Boehly, Chelsea has had an expenditure of 994 million euros, making them by far the club that has spent the most in this period, doubling the 434 million of Manchester United, second in this ranking.
Top 10 teams with the highest transfer spending since Boehly arrived at Chelsea (in euros)
- Chelsea: 994 million
- Manchester United: 434 million
- Arsenal: 423 million
- Tottenham: 371 million
- PSG: 357 million
- Newcastle: 338 million
- Bayern Munich: 296 million
- Manchester City: 271 million
- West Ham United: 259 million
- Liverpool: 249 million
Unprecedented winter investment
Chelsea’s poor performance in the first half of last season, in which they slipped out of the league title at the first hurdle, prompted Todd Boehly to get out his checkbook in the winter transfer window to try to fight for the Champions League, the only title to which they could aspire.
To this end, he spent 329 million on Enzo Fernandez (the most expensive signing in the history of the winter transfer window at 121 million), Mudryk, Badiashile, Madueke, who joined Fofana, Cucurella, Sterling, Koulibaly, all signed last summer.
The cherry on Caicedo’s cake
Earlier this week, Chelsea made official what is going to be the fifth most expensive signing in history.
Moises Caicedo chose Chelsea over Liverpool and becomes the icing on the cake for Mauricio Pochettino‘s side.
133 million euros was the amount needed for the Ecuadorian to leave De Zerbi‘s Brighton to join Chelsea.
Now, the pivot will have to find a place in a midfield that already includes Enzo Fernandez, Andrey Santos, Ugochukwu and Connor Gallagher.
“If he is not the best, he is one of the best players I have coached,” says Miguel Angel Ramirez, the Ecuadorian’s coach at Independiente del Valle.
“He played as a ‘6’, but we placed him as an ‘8’ because we understood that he could have more impact due to his technical and physical conditions, his capacity for repetition and his understanding of the game.
“He saw that he had more arrival, last pass and goal and quickly adapted to his new role. In Ecuador, he has a more controlling role.”
A commitment to young talent
If there is one thing Todd Boehly’s tenure at the helm has made clear, it is his commitment to young talent. Of the 40 signings made by the Londoners, 27 are under 23 years of age.
The latest example is Romeo Lavia, just 19 years old. Among them are Enzo Fernandez, Joao Felix (already at Atletico), Mudryk, and Caicedo himself.
In fact, Chelsea’s average age this season is 23.4 years, while in the 2021/2022 season, it was 25.1 years.
Boehly’s 11 most expensive signings at Chelsea
- Moises Caicedo: 133 million
- Enzo Fernandez: 121 million
- Wesley Fofana: 80 million
- Mikhaylo Mudryk: 70 million
- Marc Cucurella: 65 million
- Romeo Lavia: 60 million
- Christopher Nkunku: 60 million
- Raheem Sterling: 56 million
- Axel Disasi: 45 million
- Benoit Badiashile: 38 million
- Kalidou Koulibaly: 38 million
Thiago Silva, Ben Chilwell and Reece James, the only pre-Boehly survivors
In the line-up that Pochettino fielded for the Premiership debut against Liverpool, only the Brazilian and the two English defenders belonged to the team during the Roman Abramovich era.
The rest were all homegrown players, such as Levi Colwill or Conor Gallagher, or recent signings such as Sterling, Nico Jackson, Enzo Fernandez, or Axel Disasi, scorer of the equalizer against Liverpool.
More than 300 million in sales revenue
In the Boehly era, Chelsea has had a total of 24 departures, not counting loan players. Thanks to them, the London club has generated 321 million in revenue, being the third with the most money from sales since the American arrived.
Among the departures, the names of Havertz (75 million to Arsenal), Mount (64 million to Manchester United) and Kovacic (29 million to Manchester City).
Top-5 teams with the highest sales revenue since Boehly arrived at Chelsea
- Ajax: 330 million
- Brighton: 325 million
- Chelsea: 322 million
- RB Leipzig: 316 million
- Benfica: 281 million
A new 400 million sponsor
US company Infinite Athlete is to pay Chelsea 50 million per season until 2030.
The image of Chelsea with the ’empty’ shirt on its chest at the end of last season is not going to happen this season.
According to published reports, Chelsea’s tour of the United States this summer was key to reaching a deal with very high figures.
Despite the fact that the Blues will not be playing in Europe, the star-studded roster and the club’s name continue to make Chelsea an attractive venture for investors.