Todd Boehly ‘accepts’ biggest Chelsea mistake as Mauricio Pochettino gets $166m transfer boost

Todd Boehly’s Chelsea reality is starting to hit home. If the 12th-placed finish – nine lower than where he took over the club in May 2022 – didn’t do it, two permanent managers and one interim boss might have let it down. It is the sheer volume of transfers to be made this summer that perhaps really shows how wrong things have gone.

Despite attempts to revamp the group last year after the loss of Antonio Rudiger and Andreas Christensen, the Boehly-Clearlake administration has more work to do now than they did after the takeover. Considering that £600 million ($768 million) has been spent in that time, it is a damning state of affairs.

There are still new signings to be made, not just exits. Every area of ​​the course has now been added as well, but holes still appear. At least one player has been signed per position, but there is no favored team to rely on. Having brought in eight players mid-season, added to the seven additions made over the summer, the future for many is far from clear.

It is not only those who have slowly run down contracts both until June 2023, but also 2024, who face the axe. Loan deals for Joao Felix and Denis Zakaria were not fruitful enough to consider another year on the books. After just over 12 months at the helm, the potential American gold mine of interconnection and marketing for the owners and Christian Pulisic is also coming to a hasty end.

Little of the promised changes have been seen on the field, with senior players often favored over the younger recruits. Mauricio Pochettino’s appointment could change a lot of this with an important summer ahead for the club, but it will require a change of heart from the owners. Not from themselves, but the former regime.

While Roman Abramovich and his financially savvy director Marina Granovskaia tended to wait for players, extracting every ounce of pocket money in deals and continuing loans or extensions, Boehly has already begun to sanction a more heavy-handed approach.

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Then club-record signing Romelu Lukaku was loaned out in the first summer of his transfer, and most ties were undoubtedly cut. Marcos Alonso also left under the new structure. Their decision to let Timo Werner leave for a cut price was another that would be hard to see happen under Abramovich.

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