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How Chelsea Have Been Able To SPEND So Much! | Explained

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Just six months on from breaking the British transfer record with the £107million signing of Enzo Fernandez, Chelsea broke it again to sign another midfield prodigy, Moises Caicedo, beating rivals Liverpool to his signature and rubbing salt into the wounds of Jürgen Klopp by also securing the Reds’ back-up option Romeo Lavia. With Caicedo arriving from Brighton in a deal worth £115million, and Lavia signing from Southampton for a fee that could rise to £58million, Chelsea have now spent over £330million (£334M) on central midfielders alone since Todd Boehly and Clearlake Capital took over the club in 2022.

Their overall spending in the transfer market has now reached £950million if you include potential add-ons, almost half of what Roman Abramovich spent on transfers in nearly two decades as the club’s owner. And just as Abramovich changed the face of English football with his unprecedented flurry of big money signings on arrival at Stamford Bridge in 2003, Boehly’s strategy of overloading the squad with young, expensive talent has raised more than a few eyebrows and has once again brought up the question of financial fair play in the sport.

In an age where Premier League wealth has increasingly dominated the European transfer market, with the Saudi Pro League now arguably its biggest rival, Chelsea’s recruitment project has been outrageous even by English standards, with no other Prem side spending as much as half of what the Blues have splashed out since 2022. Last year they were even placed on an FFP watchlist by UEFA owing to the size of their financial losses, but it hasn’t stopped them continuing their strategy.

So how have they been able to do this without breaching spending rules? And how long can they carry on their current course? On today’s FD Explained, we’re heading to Stamford Bridge.

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Category
Soccer
Tags
football daily, football news, transfer news
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