How Chelsea’s spending under Todd Boehly compares to the rest of the Premier League

It’s hard to read about the Premier League without being reminded Chelsea have spent loads of money since Todd Boehly acquired the club.

The west Londoners have been ridiculously prolific in the transfer market ever since Boehly arrived, both in terms of buying new players and selling unwanted squad members.

Deals like the £115m splashed out on Moises Caicedo – which made the former Brighton midfielder the Premier League’s all-time record transfer – are now part and parcel of how things work at Stamford Bridge ever since the consortium led by Boehly and Clearlake Capital completed their £4.25bn takeover in May 2022.

We all know that Chelsea have spent a lot, but where does their spending under Boehly compare to the rest of the Premier League since May 2022?

Since the takeover in late May 2022, Transfermarkt projects Chelsea to have spent just over a rather frightening £800m on players.

The Blues’ most recent coups – a blockbuster deal for Caicedo and a more modest move for Southampton midfielder Romeo Lavia – have inched the spending during the Boehly era ever closer to the £1bn mark.

Enzo Fernandez also cost north of £100m like Caicedo, while Mykhailo Mudryk’s £89m transfer from Shakhtar Donetsk shocked the world back in January 2023.

Total spend since May 2022: £857.3m

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Manchester United – £374.4m

In the same period of time, Manchester United are the next highest spenders in the Premier League but the drop off from Chelsea is stark.

Man Utd have parted with about £370m in that time, which is a massive enough figure given it has been spent in almost three full transfer windows.

The Red Devils weren’t major players in the January 2023 transfer window, simply shelling out a couple of small loan fees for Wout Weghorst and Marcel Sabitzer. The bulk of that cash has been spent on the likes of Antony, Casemiro, Rasmus Hojlund and Mason Mount.

Arsenal – £372.2m

Very close behind Man Utd, Arsenal have been splashing the cash recently.

Before Chelsea got their Caicedo deal over the line, the Gunners were leading the way in Premier League spending this summer and indeed across the whole of Europe.

The likes of Kai Havertz, Jurrien Timber and Declan Rice have commanded sizeable fees and they may not be done there, either.

Tottenham Hotspur – £319.7m

Perhaps higher than many may have expected, Tottenham have got a big jump on the two sides still to come. Spurs often make a lot of signings for moderate sums by modern standards rather than dropping an absurd sum on one player.

The fact they had such a poor 2022/23 season may also lead people to think not too much has been spent in the past year or so, but Tottenham have been very busy this summer with fees being paid for seven players.

Newcastle United – £291.3m

A figure that is expected to rise before the end of the transfer window, Newcastle have been splashing the cash under relatively new ownership of their own.

Huge deals for players like Alexander Isak and Bruno Guimaraes are the reason why they will be in the Champions League this season.

Manchester City – £233.2m

Often viewed as the biggest spenders, a mixture of Man Utd continuing to fork out, Chelsea heading into a whole new level of spending and Manchester City’s squad needing very little work means the Cityzens are near the bottom of this list.

That doesn’t mean they haven’t dipped into the market, though.

A huge fee was dropped on Josko Gvardiol not long ago, but he was only the second player to arrive for a fee in the summer of 2023. The bulk of the above figure was spent in the summer of 2022, when Erling Haaland arrived along with Kalvin Phillips and others.

Liverpool – £230.5m

Liverpool fans will be hoping that this figure is significantly higher by the end of the 2023 summer transfer window. Wataru Endo has arrived but the early signs from the 2023/24 are that further midfield reinforcements are needed.

Dominik Szoboszlai, Cody Gakpo and Alexis Mac Allister will all help form the core of the Reds’ team moving forward, but Jurgen Klopp also needs Darwin Nunez to come good after using £85m on the Uruguayan forward.