Todd Boehly already rivalling Roman Abramovich’s Chelsea spending as he could smash through £1billion barrier

Todd Boehly has not been afraid to splash the cash since becoming Chelsea owner.

His spending has been so wild that he is fast catching up with Roman Abramovich’s outlay over two decades.

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Boehly has not shied away from splashing the cash at ChelseaCredit: Getty
Abramovich was forced to relinquish control of the club amid Russia's war in Ukraine

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Abramovich was forced to relinquish control of the club amid Russia’s war in UkraineCredit: AFP

The American has only been in charge of the club for a little over a year and has taken a unique approach to the transfer market.

Boehly spending could smash through the £1billion barrier should he land his summer targets, while Abramovich spent around £2bn over his tenure.

He made a splash last summer when he spent exorbitant sums, only for Chelsea to go backwards.

That kept going in the January transfer window when they broke the British record to sign Enzo Fernandez.

They ended up finishing 12th with a hugely disappointing 44 points, with Thomas Tuchel and Graham Potter both sacked during the season.

Boehly has already signed enough players in 2023 alone to create a brand new Chelsea starting XI… but the spending shows no signs of stopping.

UEFA has even changed the rules after the Blues were handing out long-term contracts in order to spread payments out and keep within Financial Fair Play rules.

Their latest signing was Axel Disasi from Monaco cost £38m, bringing Boehly’s total spending to around £769m.

Pochettino was hired this summer, Boehly's third permanent manager

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Pochettino was hired this summer, Boehly’s third permanent managerCredit: Getty

Manager Mauricio Pochettino could also land more names before the window slams shut at the end of August.

Moises Caicedo remains a top target and Chelsea are likely to make further bids in order to prise him away from Brighton.

The Seagulls do not need to sell and would want a fee in the region of the £105m Arsenal paid for Declan Rice.

Separate to this, the Blues are also likely to make a move for Leeds midfielder Tyler Adams, who has a £20m release clause.

Dusan Vlahovic continues to be linked with the club, as part of a £35m deal plus Romelu Lukaku.

Nkunku has been a marquee signing, but is facing three months out injured already

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Nkunku has been a marquee signing, but is facing three months out injured alreadyCredit: Getty

Christopher Nkunku’s injury may accelerate those plans to sign a striker.

Crystal Palace Michael Olise has also been linked with Chelsea amid reports of a £35m release clause.

talkSPORT’s understanding of the situation is that the release clause has been removed, but there is a mechanism in his contract that would allow him to leave the club this summer if a bid was made.

The links do not stop there with reports they have offered £17m for teenager Santos striker Deivid Washington and £21m for Montpellier’s Elye Wahi.

Nicolas Jackson signed from Villarreal for £32m this summer

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Nicolas Jackson signed from Villarreal for £32m this summerCredit: Getty

If all of those transfers are completed, then Boehly’s spending would crash through the billion pound barrier.

To stay within those FFP rules, there have been plenty of outgoings this summer too. Although that was needed to trim down the bloated squad after all their signings.

Kai Havertz joined Arsenal for £65m, Mason Mount went to Man United for £55m and Man City paid £30m for Mateo Kovacic.

Things are looking promising for Chelsea this season and a number of former players are encouraged by what they have seen in pre-season.

Gianfranco Zola told talkSPORT: “The main thing they have to find is cohesion. Last year they had potential, but they never had the glue as a team.

“The first target is to become a team more than anything. Within the team they have a lot of potential.

“They need to find what they didn’t have last year and that will help a lot.”

Claude Makelele also told talkSPORT: “I think they are building a good squad with young players, who will need time.

“Now with Pochettino, he’s a good manager, he will steady the club and the team. The objective is to be inside the top four.

“In one year, maybe we can compete for the title.”

Pochettino has his work cut out to turn things around at Chelsea

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Pochettino has his work cut out to turn things around at ChelseaCredit: Getty

Jimmy Floyd Hasselbaink was with the team on their pre-season tour of America and was encouraged by what he saw.

He told talkSPORT: “They have had a really good pre-season. They have done a lot of good work behind the scenes in getting players out.

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“They have brought some players in. They have played really, really well with good football. You can see there’s a new manager in with new ideas.

“The structure is there and he’s training them really hard.”

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