Chelsea have spent over €1 billion since Todd Boehly took over as club owner in 2022, handing out long-term contracts to most of their new signings. This aggressive spending has reshaped the squad but raises questions about future flexibility and Financial Fair Play (FFP) compliance.
The club set a British transfer record by signing Enzo Fernandez for €121 million in January 2023. Just months later, they crossed the €100 million mark again with the acquisition of Moises Caicedo from Brighton. Chelsea’s ability to attract top talent was well established during Roman Abramovich’s 19-year ownership, but the challenge now lies in retaining players on favorable terms.
In 2022, Chelsea lost key players on free transfers, including Antonio Rudiger to Real Madrid and Andreas Christensen and Marcos Alonso to Barcelona. Boehly’s “Vision 2030” aims to secure the club’s future by signing young talent on extended deals, initially exploiting a loophole in FFP rules. However, the long-term nature of these contracts could become problematic if players underperform or seek exits.
Chelsea’s current squad includes several players tied to contracts lasting well into the next decade. Goalkeeper Robert Sanchez is signed until 2030, while defenders like Levi Colwill and Wesley Fofana are secured until 2029. Malo Gusto and Benoit Badiashile have deals until 2030, and Aaron Anselmino is under contract until 2031.
The midfield reflects a similar strategy. Fernandez and Caicedo are both tied down until 2031, while rising star Mathis Amougou has a deal lasting until 2033. Cole Palmer, another promising talent, is also signed until 2033.
In attack, Chelsea have locked down Christopher Nkunku and Marc Guiu until 2029, while Noni Madueke, Pedro Neto, and Mykhailo Mudryk are secured until 2031. Nicolas Jackson’s contract extends to 2033.
While this strategy secures Chelsea’s future core, it limits their ability to offload underperforming players and creates potential FFP headaches. The long-term contracts reflect Boehly’s vision but could become a burden if results on the pitch fail to match the investment.