Tuesday signifies the one-year commemoration of Chelsea’s acquisition by Todd Boehly and Clearlake Capital, which took over from Roman Abramovich. The consortium initially disbursed £2.5 billion to purchase the club, along with a commitment to invest an additional £1.75 billion to support its advancement.
Under the leadership of the new owners, Chelsea experienced a disappointing 12th-place finish in the Premier League, recording their lowest points total (44) since the 1987-88 season (42), which resulted in relegation. In addition, they have dismissed two managers, and for only the second time since 2016, the team ended the season without winning any trophies. Furthermore, Chelsea will not be participating in any European competitions in the upcoming season.
Over the past year, Todd Boehly, who also holds ownership in the Los Angeles Dodgers, along with Clearlake, a private equity firm based in California, have invested over £600 million in acquiring 17 players. This approach includes breaking the British transfer record with the signing of Argentina’s Enzo Fernandez for £106.8 million. Their strategy revolves around building a talented and youthful squad capable of achieving long-term success. However, in their pursuit of future success, Chelsea has encountered difficulties in the present moment.
Pochettino’s appointment, accompanied by his long-time assistant manager Jesus Perez, first-team coach Miguel D’Agostino, goalkeeping coach Toni Jimenez, and his sports scientist son, Sebastiano, marks just one aspect of the ongoing restructuring at Chelsea. The changes extend beyond the coaching staff, with Chris Jurasek assuming the role of chief executive officer, and the recruitment team welcoming former Stoke City scout Andy Cousins.
The club is also actively pursuing plans to revamp Stamford Bridge, engaging in discussions with residents regarding the redevelopment proposals. However, there is currently no definitive decision on whether to renovate the existing location or seek an alternative site. Considering the aforementioned developments, it is evident that Chelsea has had a busy and eventful first year, with multiple initiatives and changes taking place.