Chelsea should be a Cautionary tale for future Club Owners

All is not well at Chelsea.

Another weekend, another banter tale for premier league side, Chelsea as they face another weekend woe on return to league action following the international break.

The West-London side struggled to come out with a 0-0 draw against AFC Bournemouth despite a dominant performance away to the Cherries.

After leading a busy summer in terms of transfer activity, the Blues crumble to 14th place in the premier league table, 1 point above their Sunday rival, Bournemouth and 1 point behind Old Trafford club, Manchester United.

The misfortune of Chelsea despite the introduction of Mauricio Pochettino as the club’s new manager, leads to a lot of narratives as the league season gets into deeper territory, with the Blues only coming out with 5 points after 5 premier league games.

In essence, for every league game played, Chelsea have guaranteed themselves an average of only 1 point from a possible 15; the worse the Blues have ever started the season with.

On average, the Stamford Bridge side since the beginning of 2023, have only registered 6 wins in all competitions, with it being September already.

Pundits and fans have raised questions, created narratives and theories of there being a greater play behind the scenes at the club ever since the Todd Boehly consortium took charge.

Former Chelsea players like Didier Drogba, John Terry and so on have opened up to hint at the club falling way behind its glory days under the Roman Abramovich ownership, which has now placed Boehly under serious questions concerning the running of the club.

According to a few statements from Chelsea legends; it is as if the DNA of the club that used to be known as the pride of London is no more.

The current Blues only boasting to rather be a mere shadow or mirror reflection of a different team than the pride of London.

Where did that spine go? What is Todd Boehly’s ownership of the club doing or not doing that is affecting Chelsea’s performance on-pitch?

When it comes to transfers, the new owner has spent more money than any in the premier league since his takeover of the Blues. In fact, the narrative even got louder when Manchester City manager, Pep Guardiola had to call out the London club for its spending in the transfer market.

Unlike complaints made by Liverpool fans of their owners not doing more to spend on players in the transfer market, Chelsea fans do not have luxury of this, with Todd Boehly having spent not less than €1 billion in two transfer windows to bring in reinforcements.

Of course, the spending on bringing in new players for big money deals was what the former ownership of Chelsea, Roman Abramovich was known for during his time at the club, it was a strategy that yielded immense fortunes on pitch for Chelsea.

They dominated the league, and Europe, enough to earn themselves as the best English side in a decade under Roman Abramovich. How come the big spending formula has failed under Todd Boehly?

The new signings have either failed to live up to the expectations or have sooner picked up injury problems than they had kicked a ball for the club to warrant the hype surrounding their moves.

Or was Todd Boehly who is obviously a newbie in the sport, duped into signing players that the club did not need but more because of the hype around them? Or is Boehly spending just to live up to the expectation of the Roman Abramovich era that had Chelsea attracting the best players from and around the world?

Chelsea managed 6 shots on goal versus Bournemouth who in turn registered 4 against the Blues with no goals to show for it despite a dominant performance in and out of possession.

If it is a crisis, then Todd Boehly’s ownership should serve as a cautionary tale to potential club owners on how to handle their first years owning a club.