Chelsea’s Season Spending under Todd Boehly

Todd Boehly, the American businessman who took over Chelsea in May 2022, has spent almost £600 million on transfer fees since his takeover. However, the huge outlay has not improved the Premier League team’s performance, as they are currently in 12th place in the table and on course to record their lowest ever points haul in the Premier League. Boehly’s transfer strategy has even drawn criticism from his own players, with Thiago Silva stating that the sheer number of new signings has forced the club to expand its dressing room. The club has spent £585.5 million on 16 new players across the summer transfer window 2022 and the January transfer window 2023. The summer splurge was completed with the captures of Raheem Sterling, Marc Cucurella, Wesley Fofana, Kalidou Koulibaly, Pierre-Emerick Aubameyang, Carney Chukwuemeka, Cesare Casadei, and third-choice goalkeeper Gabriel Slonina. In the January transfer window, Chelsea signed Enzo Fernandez for £107 million and Mykhailo Mudryk for £88 million, among others. Chelsea also reportedly have a deal in place to sign Leipzig forward Christopher Nkunku for £53 million in the summer 2023 transfer window.