Keeping pace with Chelsea’s volume of signings and lavish outlay has been a dizzying business since American Todd Boehly’s takeover of the club was confirmed on May 31, 2022.
Former owner Roman Abramovich transformed Chelsea into one of European football’s financial heavyweights when the Russian bought them in 2003, and their spending has been supercharged under the leadership of new billionaire owner Boehly and his investment group.
Chelsea narrowly eclipsed the routine highest spenders, Manchester United, in the 2022 summer transfer market, with their total spree in that period just over £251 million ($305m), and net investment of almost £206m ($250m), both representing the highest figures in the Premier League.
Here’s how much Boehly has spent in total, who is in charge of their transfers and more — starting with a full list of signings since his arrival.
MORE: Who is Todd Boehly and what happened to Roman Abramovich?
Chelsea transfers in the Todd Boehly era
After a relative drought during the first months of Boehly’s ownership, Chelsea made nine signings in under two months before the 2022 summer transfer window closed, and added eight more in the winter window, to take their season total to 18 players at the end of January.
Alongside their summer Premier League record, the Blues also set a new winter transfer window spending record, of £291.65m/$356.95m.
The 2023 summer window is not expected to include as much investment but the Blues have secured a £52/$66m deal for French international Christopher Nkunku.
Players IN
Date
Player
Position
Fee
July 13, 2022
Raheem Sterling
Forward
£47.5m / $57.6m
July 16, 2022
Kalidou Koulibaly
Defender
£33m / $40m
Aug. 3, 2022
Gabriel Slonina
Goalkeeper
£8m / $9.7m
Aug. 4, 2022
Carney Chukwuemeka
Midfielder
£20m / $24.3m
Aug. 5, 2022
Marc Cucurella
Defender
£57.5m / $69.8m
Aug. 19, 2022
Cesare Casadei
Midfielder
£13.3m / $16.1m
Aug. 31, 2022
Wesley Fofana
Defender
£70m / $84.9m
Sept. 2, 2022
Pierre-Emerick
Aubameyang
Forward
£10.3m / $12.5m
Sept. 2, 2022
Denis Zakaria
Midfielder
£2.7m / $3.2m (loan fee)
Dec. 29 2022
David Datro Fofana
Forward
£10.6m / $12.9m
Jan. 5, 2023
Benoit Badiashile
Defender
£33.7m / $40.9m
Jan. 6, 2023
Andrey Santos
Midfielder
£11.1m / $13.5m
Jan. 11, 2023
Joao Felix
Forward
£9.7m / $11.8m (loan fee)
Jan. 15, 2023
Mykhailo Mudryk
Forward
£62m / $75.8m
Jan. 20, 2023
Noni Madueke
Forward
£30m / $38m
Jan. 29, 2023
Malo Gusto
Defender
£26.75m / $32.75m
Jan 31, 2023
Enzo Fernandez
Midfielder
£107.8m / $132m
Jul 1, 2023
Christopher Nkunku
Midfielder
£52/$66m
TOTALS
(18 players)
GKs: 1
DFs: 5
MFs: 6
FWs: 6
£605.95m / $741.75m
Players OUT
Player
Exit date
Transfer Fee
New club
Antonio Rudiger
July 1, 2022
Released
Real Madrid
Andreas Christensen
July 1, 2022
Released
Barcelona
Jake Salter-Clarke
July 1, 2022
Released
QPR
Danny Drinkwater
July 1, 2022
Released
N/A
Timo Werner
Aug 8, 2022
£35m/$32m
RB Leipzig
Emerson Palmieri
Aug 26, 2022
£15m/$19.1m
West Ham
Ross Barkley
Aug 29, 2022
Released
Nice
Marcos Alonso
Sep 1, 2022
Released
Barcelona
Billy Gilmour
Sep 1, 2022
£9m/$11.5m
Brighton & Hove Albion
Michy Batshuayi
Sep 2, 2022
Released
Fenerbahce
Tiemoue Bakayoko
August 30, 2022
Loan
AC Milan
Romelu Lukaku
July 1, 2022
Loan
Inter Milan
Levi Colwill
Aug 5, 2022
Loan
Brighton & Hove Albion
Malang Sarr
Aug 10, 2022
Loan
AS Monaco
Jorginho
Jan 31, 2023
£12m/$15.3m
Arsenal
Kalidou Koulibaly
Jun 25, 2023
£17m/$21.6m
Al Hilal
Mateo Kovacic
Jun 27, 2023
£25m/$31.7m
Manchester City
Edouard Mendy
Jun 28, 2023
£16m/$20m
Al Ahli
Kai Havertz
Jun 28, 2023
£60m/$76m
Arsenal
Tiemoue Bakayoko
Jul 1, 2023
Released
N/A
N’Golo Kante
Jul 1, 2023
Released
Al Ittihad
Chelsea players signed under Todd Boehly
Gabriel Slonina
Position: Goalkeeper
From: Chicago Fire (USA)
Transfer fee: £8m / $9.7m
Kalidou Koulibaly
Position: Defender
From: Napoli (Italy)
Transfer fee: £33m / $40m
Wesley Fofana
Position: Defender
From: Leicester City (England)
Transfer fee: £70m / $84.9m
Benoit Badiashile
Position: Defender
From: AS Monaco (France)
Transfer fee: £33.7m / $40.9m
Marc Cucurella
Position: Defender
From: Brighton & Hove Albion (England)
Transfer fee: £57.5m / $69.8m
Denis Zakaria
Position: Midfielder
From: Juventus (Italy)
Transfer fee: £2.7m / $3.2m (loan fee until end of 2022-23 season, £30m / $36.7m option to buy)
Andrey Santos
Position: Midfielder
From: Vasco da Gama (Brazil)
Transfer fee: £11.1m / $13.5m
Carney Chukwuemeka
Position: Midfielder
From: Aston Villa (England)
Transfer fee: £20m / $24.3m
Cesare Casadei
Position: Midfielder
From: Inter Milan (Italy)
Transfer fee: £13.3m / $16.1m
Raheem Sterling
Position: Forward
From: Manchester City (England)
Transfer fee: £47.5m / $57.6m
David Datro Fofana
Position: Forward
From: Molde (Norway)
Transfer fee: £10.6m / $12.9m
Pierre-Emerick Aubameyang
Position: Forward
From: Barcelona (Spain)
Transfer fee: £10.3m / $12.5m
Joao Felix
Position: Forward
From: Atletico Madrid (Spain)
Transfer fee: £9.7m / $11.8m (loan fee until end of 2022-23 season)
Christopher Nkunku
Position: Midfield
From: RB Leipzig (Germany)
Transfer fee: £52 / $66m
How much money has Todd Boehly spent as Chelsea owner?
Part of the sale agreement Boehly entered into, which was ordered by the UK government after Abramovich was sanctioned over his alleged links with Russian president Vladmir Putin, required the part-owner of baseball’s Los Angeles Dodgers to provide £1.75 billion ($2.1bn) to Chelsea.
That investment, which comes in addition to buying the club for £2.5bn ($3.2bn), must be made over 10 years.
While the exact amount Boehly has spent so far does not factor in performance-related add-ons, the published and reported figures for the 18 players above brings the sum to £605.95m / $741.75m of the £1.75 billion initially committed (nearly $675.75m of $2.1bn).
Total spend: £605.95m / $741.75m as of June 26, 2023
Are Chelsea overspending for players?
The numbers of acquisitions and the hefty figures being shelled out have led some to criticise Boehly for his approach, citing his inexperience in football. However, the figures suggest Chelsea underpaid for the talent acquired by around £13.6m compared to fees other clubs were reportedly prepared to pay.
The likes of Raheem Sterling, Benoit Badiashile, Kalidou Koulibaly, Andrey Santos, and Pierre-Emerick Aubameyang (below) all materialised for fees reportedly under figures previously bandied about.
However, Wesley Fofana’s vast price tag was inevitable after the centre-back signed a deal months earlier, contracting him to Leicester City until 2027.
Boehly came in for criticism over the fee paid for Marc Cucurella, even before the full-back’s underwhelming start to his Chelsea career, having a year earlier cost Brighton around a quarter of the fee that took him to Stamford Bridge.
Chelsea pipped Arsenal on a key move, offering a bit more to Shakhtar Donetsk for Mykhailo Mudryk, to reach their €100 million valuation.
*Price reportedly agreed by Chelsea before sanctions prevented original transfer deal
**Option price at end of loan
Who is in charge of signing players for Chelsea?
Any football fan familiar with major Chelsea transfers over recent years would have been used to seeing director Marina Granovskaia at the centre of signing photos when the club closed deals.
Granovskaia was known as Abramovich’s “transfer guru” and was regarded as one of the best in the business in European football.
Club goalkeeping legend Petr Cech was also an important part of Abramovich’s team in his role as Technical and Performance Advisor, but Granovskaia, Cech and former chairman Bruce Buck all left the club in 2022 after the takeover by Boehly’s group.
That led to Boehly taking up the role of interim sporting director while Chelsea were in flux, but recent appointments have allowed Boehly to drop the title, and become less directly involved in transfers.
Technical Director: Christopher Vivell (hired Dec. 21, 2022)
Technical Director (Global Football): Laurence Stewart (hired Oct. 26, 2022)
Co-Director of Recruitment and Talent: Joe Shields (hired Oct. 27, 2022)
Director of Global Talent and Transfers: Paul Winstanley (hired Nov. 15, 2022)
Recruitment specialist: Kyle Macaulay (hired September 2022)
Joe Shields joined in October as Co-Director of Recruitment and Talent, having been Head of Senior Recruitment at Southampton.
Laurence Stewart arrived as Technical Director from Monaco at the same time and was given a brief to focus on “football globally.”
Paul Winstanley oversaw the signing of players including Cucurella during eight years with at Brighton before joining Chelsea in November as Director of Global Talent and Transfers.
Christopher Vivell, who was Salzburg’s head of scouting when they signed Erling Haaland, became Chelsea Technical Director a month after Winstanley was appointed.
🗣️ “I think his greatest asset is his recruitment ability. That’s his bread and butter.”
Jesse Marsch who worked with Christopher Vivell, Chelsea’s new Technical Director says he wishes him the best in the Premier League. pic.twitter.com/uRxYysNgzB
— Football Daily (@footballdaily) December 22, 2022
Vivell described Chelsea as “building the most exciting project in global football”. “There is so much potential for the club to continue to succeed, develop and grow,” he said.
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