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Hapless Chelsea owners have built a monument to chaos and decline

Hapless Chelsea owners have built a monument to chaos and decline

Summary

Chelsea football club has gone through a series of problems since the ownership by BlueCo began in 2022. The club has had multiple managers fired in a short time, including Liam Rosenior, who was sacked after just 106 days, and the team is currently struggling both on the field and financially.

Key Facts

  • Liam Rosenior was Chelsea's head coach for only 106 days before being fired.
  • The club has had multiple managerial changes since BlueCo took over in May 2022.
  • BlueCo's co-owners are Behdad Eghbali and Todd Boehly.
  • Chelsea has spent about £1.5 billion on players since 2022, focusing on young talent with long-term contracts.
  • The club recorded pre-tax losses of £262 million, the largest in Premier League history.
  • Chelsea’s team performance has declined, including five league games without scoring a goal.
  • Before BlueCo, Chelsea had strong performances including a third-place finish in the Premier League and a Champions League win.
  • There is ongoing tension between the owners and Chelsea fans, with protests and public criticism from managers.
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