Since Boehly came in they have a net spend of around -740M€, which is absolutely absurd. So I'd love to hear the reasoning as to how that was allowed.
All I'm going to say is thank god that they spent all that money so poorly. It would be absolutely hilarious if they got charged too. But they are probably walking a fine line and can't keep up this spending. Will be interesting to see how they manage their future windows.
It's hard to compare pure spending in terms of Chelsea vs other English sides again due to the amount of academy products that they sell and sell big.
Tomori, Mount, Guehi, Hall, Abraham, Ampadu, Loftus Cheek is about ~ £180m of pure profit towards revenue.
That's not including Maatsen who's at Dortmund now with ~£30M buy option that Fabrizio said he imagines gets picked up and then Gallagher who's another £45M+ as well.
And that's ignoring £80m for Havertz and Jorginho from Arsenal.
£25m from City for Kovacic.
Another ~£40m from Milan and Saudi for Koulibaly, Mendy and Pulisic.
They're clearly FFP complaint as it currently stands, they're just in a precarious position of needing to continue selling academy products (Broja, Chalobah, Gallagher next crop I'd imagine) to hit their amortization windows, and needing to get back into Europe for next seasons books.
I also as a neutral outside who's very intrigued by this Chelsea project, would disagree with their spending being poorly distributed.
That first window when Boehly was flying all across Europe with no SD was god awful. 300 million down the drain on Cucurella, Sterling, Fofana, Koulibaly and some marginal youth products like Casadei.
From last winter on though, I think they're sitting on an enourmous load of talent. They're the right manager away from taking a massive leap the way Villa did replacing Gerrard with Emery.
S tier purchase (imo)
- Kendry Páez. Phenom.
- Benoit Badiashile. Loved him at Monaco.
- Romeo Lavia. Absurd talent.
- Moises Caicedo. Absurd talent. Metronome in possession under RDZ. Great ball winner. Press resistant.
- Enzo Fernandez. Controversial player, but I think the ceiling is sky high.
- Malo Gusto. Player that would allow them to phase James out if his body cannot persist.
- Cole Palmer. What a player.
And then other intriguing buys that I think have high upside.
- Nicolas Jackson. 22 years old with 9 G+A in 16 starts. I don't understand why he's such a meme. His overall game is probably second only to Isak in terms of all around young strikers in the league. Hold up play. Drops deep. Powerful runner. Needs to compose himself in front of goal, but he's far more lively than anything they've had up top, likely since Diego Costa. And if they did splurge on a #9 I think he could play LW comfortably as well.
- Not going to give my thoughts on Mudryk. But another high ceiling, young player purchase. Huge talent and he seems to be getting better game by game.
No idea whether he sinks or swims.
And then more young talents like Angelo Gabriel, Datro Fofana, Dorde Petrovic, Lesley Ugochukwu.
I get not being moved by this grouping of players, but I personally think they're sitting on a sleeping giant.
I didn't even mention young France internationals Wesley Fofana (broken body), Christopher Nkunku (do you exist?), Axel Disasi.
But Pochettino is not the man to take them to the next level, and persisting with him could unravel the entire structure.