Disruptive owners, managerial questions and financial concerns: Chelsea are a $1bn mess

With mounting long-term financial concerns, there is no quick fix in sight for the club’s on-field struggles

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You don’t see much of Todd Boehly these days. In the first weeks after he fronted the Clearlake takeover of Chelsea, he was a regular presence, telling European football what it could learn from US sport, proudly announcing his disruptive intent. Which is a shame: it would be good to know exactly where spending $1bn to transform a Champions League-winning side into one that sits 11th in the Premier League fits into his master plan.

There had been a thought around the turn of the year that things might be falling into place for Chelsea. They reached the Carabao Cup final and won three league games in a row to haul themselves into the top half of the table. Maybe Mauricio Pochettino was at last starting to find some order amid a chaotic squad. The last two games have obliterated that idea.

This is an extract from Soccer with Jonathan Wilson, a weekly look from the Guardian US at the game in Europe and beyond. Subscribe for free here. Have a question for Jonathan? Email soccerwithjw@theguardian.com, and he’ll answer the best in a future edition

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Published on February 05, 2024 07:12
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