Chelsea’s Billion-Pound Summer Splurge
Pairing together Chelsea’s recent credo of spend first, fret later under Todd Boehly and a history of loaning out a staggering 41 players at one time back in 2019, it comes as no surprise that sometimes talent can slide through the Blues’ net.
However, it’s more intolerable than ever when said talent rests directly under a club’s gaze. Today’s excruciating concentration is a prime example of the West London club’s recent stagnation.
How much has Chelsea spent?
Well, if you got confused by the incessant torrent of transfers to Stamford Bridge (we don’t blame you), Chelsea spent £345.9 million this summer alone. The eight transfers that followed last season’s notably insatiable expenditure saw Todd Boehly’s total as owner now approach the billion-pound mark.
One iconic capture, of course, was that of Brighton’s 21-year-old Moises Caicedo. After garnering attention in a progressive Roberto Di Zerbi side as a diligent midfield combatant, the Ecuadorian ignited a dramatic bidding war between Liverpool and Chelsea.
Eventually, he chose Stamford Bridge as his new home and inked a jaw-dropping eight-year contract with the option for an additional year, in a move that totaled £115 million.
The magnitude of the fee was emphasized further by Caicedo’s boyhood club, Independiente del Valle. After deftly incorporating a sell-on clause, they are set to receive around £22 million for a player they let go to Brighton for just £4 million.