According to the UEFA-commissioned report, Chelsea's squad reached a record transfer cost of €1,656m, making it the most expensive squad ever, mainly due to significant investments since 2022 under the ownership of Todd Boehly and Clearlake Capital. The English Premier League clubs increased their spending by 17%, totaling €2.1 billion in 2023. Despite their financial prowess, Chelsea has not achieved expected success on the field, missing out on the Champions League and facing protests from fans over club management.
Chelsea’s squad at the end of the 2024 financial year was the most expensive ever assembled, with a combined transfer cost of €1,656m.
The report highlights that Chelsea’s spending under Boehly-Clearlake has yet to translate into on-field success, lacking Champions League qualification and trophies.
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