After Chelsea’s sell to Todd Boehly, the Blues are the club with most money spent on transfers by a mile. The American businessman didn’t hesitate to start paying big fees to strengthen his side and over the last three transfer windows, the London side has already spent over £1 billion.
This, though, didn’t prove to be working, as Chelsea failed to reach the European spots last season in Premier League and since the start of this season, they occupy the 15th place with just 5 points after one win, two draws and three defeats.
🚨 Chelsea are seeking a £500m loan from US financial institutions to fund new signings after spending £1bn over the last three transfer windows.
(Source: Sun Sport) pic.twitter.com/7N3dSa3vnQ
— Transfer News Live (@DeadlineDayLive) October 2, 2023
Although Chelsea’s crazy transfer policy didn’t prove to be working and showed that not everything is about the money, according to Sun, the club is planning another big shopping spree. The management is seeking £500 million loan from US financial institution in order to buy some more players in a desperate attempt to save their season.