Date: April 13, 2023
Since Todd Boehly’s consortium completed a £4.25bn takeover of Chelsea Football Club in 2022, ending Roman Abramovich’s 19-year ownership , the club has experienced a downward spiral. With a spending spree of over £500m since the takeover , Chelsea’s performance has not been up to par.
Todd Boehly’s ownership has seen Chelsea make numerous signings, totaling to an expenditure of £460m since July 2022 . Despite these investments, the club has not experienced the expected improvement in performance, with some even questioning Boehly’s strategy and decisions .
In addition to transfer spending, Boehly has taken control as chairman and overseen transfers during his tenure . However, Chelsea’s downward spiral persists, leading to speculation about the club’s future under Boehly’s ownership.