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Home » Report: Chelsea will not stop spending after lavish January outlay

Report: Chelsea will not stop spending after lavish January outlay

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La Liga's top executive has expressed doubt about Chelsea and the Premier League's spending prowess.

The lavishness of Chelsea spending won’t stop in the next two years

According to the sources of the Independent, the heavy investment to reshape the squad won’t stop at Chelsea for the next couple of years at the least.

Chelsea spent more than £280m in the January transfer window to sign eight new players. That was in addition to the £272m they spent in the summer window.

This level of spending has hardly been seen before. While doing that, the Blues have also broken the British transfer record by completing the signature of Benfica midfielder Enzo Fernandez for £106.8m.

Chelsea close in on Benfica midfielder Enzo Fernandez.
Chelsea broke the British transfer record to sign Enzo Fernandez January deadline day. (Photo by Octavio Passos/Getty Images)

There have been talks of how the club are dodging the FFP (financial fair play) rules by spending this freely on players in such a short space of time. One of the solutions reported was that they are amortising the payment of the transfer fee over the course of the duration of player contracts.

For example, Fernandez has been given a long-term contract at Stamford Bridge up until the summer of 2031. The payment of his fee will be amortised over the course of these many years.

As suggested in the earlier half of this article, the reports have also revealed that Chelsea are not stopping with their lavish investment in the squad for the next two years.

Tottenham Hotspur will sign Chelsea U21 forward Jude Soonsup-Bell in the January transfer window. the
Chelsea owners won’t stop investment in the squad for the next couple of years. (Photo by Clive Mason/Getty Images)

It is believed that the new owners bought the club for an underpriced value last summer. Due to football’s popularity and Chelsea’s name in the world, the value of the club will double in the next five to ten years.

Hence, all this is a capital investment on the asset whose value is set to grow n-folds. They will also sell the players, especially the Academy graduates, who are not being amortised.

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This seems like a fun time to be a Chelsea supporter. We have an owner who is hell-bent on reshaping the squad to find success soon. In the meantime, he is increasing the value of the club in due course of time. It is going to be an interesting ride for the coming years.