How Much Money Did Chelsea Really Spend?

Reality Used To Be A Friend Of Mine

Chelsea’s transfer spending since Todd Boehly’s Clearlake Capital consortium acquired the club in May 2022 has been unprecedented, but most of the talk has been of how they have only managed to do this via the use of an accounting “trick”, known as player amortisation.

In a previous blog, I explained how this does indeed help Chelsea meet Financial Fair …