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Edited by Indra55 at 2023-9-15 11:16
In the past two seasons, Chelsea has indeed spent a substantial amount of money to strengthen its squad. However, many people may not have a clear idea of just how much money Chelsea has spent, aside from knowing it's a lot. Recently, someone compiled the total spending by Chelsea over the past year and a half, and the result is quite astonishing. Chelsea has spent a total of €934 million since the start of the 2022 season.
To put this in perspective, the spending by Chelsea alone exceeds the total spending of La Liga, which includes clubs like Real Madrid, Barcelona, and Atletico Madrid, which spent €893 million during the same period. Chelsea, as a single club, has outspent the entire La Liga, showcasing the club's financial prowess.
Chelsea's primary signing strategy revolves around acquiring young and promising players. They are willing to pay higher prices in the market for players aged between 21 and 24. For example, their record winter signing, Enzo, cost €121 million, and other significant transfers include Wesley Fofana (€80.4 million), and Marc Cucurella (€65.3 million). These players fit the profile Chelsea is targeting.
You might wonder whether Chelsea's massive spending violates Financial Fair Play (FFP) regulations. Despite their significant expenditure, Chelsea signs players to contracts lasting over 8 years, which is longer than usual in football. Most clubs sign players to 5-year contracts. The advantage for Chelsea in signing long-term deals is that they can amortize the transfer fees over 8 years, reducing the annual financial burden and making it easier to pass financial audits. So, while Chelsea spends heavily, they also leverage certain rules to manage their finances.
However, Chelsea's substantial investments have raised concerns among other clubs, who argue that Financial Fair Play regulations are ineffective and not serving their intended purpose.
In addition, Chelsea's recent signing of Belgian talent, Roméo Lavia, for €80 million pushed their total spending beyond €1 billion, which is indeed a staggering amount. |
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