Chelsea transfer news: The Blues have shown their wastefulness in the market and financial results paint a grim picture for Todd Boehly and Clearlake Capital.
Chelsea have spent more money on transfer than any other side in the world since May 2022. They have the record for the largest summer and winter spends ever recorded. The table shows a 12th place finish to account for such hideously grandiose spending.
Chelsea made decisions last summer to keep Mason Mount, Cesar Azpilicueta, Jorginho, Kai Havertz, Christian Pulisic, Hakim Ziyech and Pierre-Emerick Aubameyang. Whether they signed them or couldn't shift them, the Blues bloated their squad and spent near enough £100million ($130m) on Marc Cucurella and Kalidou Koulibaly.
Now, with exits coming thick and fast with more to follow and a few more on top of that, the club are being made to pay for years of careless action. Never has it been more apparent than now.
It is not just a Todd Boehly-Clearlake Capital thing either. Eight of the remaining group were signed by the previous regime which proved itself to be just as wide of the mark with transfers in the past seven years, if not worse. The current owners have largely focused their attentions on young players with high promise and the chance of a reasonable sell-on even if the players do not reach the required levels at Stamford Bridge.
Too many of the Roman Abramovich signings were focused on immediate improvements that didn't live up to expectations with league results plummeting after 2017. Between January and the start of the summer Chelsea were faced with a group of 37 players, nine academy borne, 15 Abramovich signed and 12 from Boehly-Clearlake, the tide has now turned significantly.
Boehly-Clearlake wished to make
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