- Chelsea finished 12th in Premier League
- Boehly and club bosses promise to turn things around
- Outlines on and off-the-pitch plans for the club
WHAT HAPPENED? The Chelsea ownership changed hands as the Todd Boehly-led consortium completed a £4.25bn takeover of the club which ended Roman Abramovich's 19-year reign. They were eager to make an instant impact and went on to make a couple of managerial changes while spending nearly £600m ($747m) in the past two transfer windows combined. Despite their efforts, the Blues remain trophyless and finished 12th in the Premier League standings which means they will have to do without European football in the 2022-23 season.
THE BIGGER PICTURE: In a statement to supporters, the Chelsea board admitted that "there is a lot we can and will do better" and insisted that they remain "optimistic about the future" with Mauricio Pochettino taking charge in the summer. They further mentioned the measures that they are undertaking behind the scenes which will help the club grow both in sporting & commercial aspects.
THE CHELSEA STATEMENT IN FULL: It’s been just over a year since we completed our purchase of Chelsea. It was and remains a privilege for us to be custodians of our wonderful club. Twelve months on, we want to take the opportunity to speak directly to all of you, our supporters, as we reflect on the season just gone.
Our promise to you was to make our fans proud. We remain completely committed to the long-term and sustainable success of our club and fulfilling that promise we made to you. We know the huge potential we must grow to develop Chelsea FC and it is a role we take seriously. Everybody working here is relentlessly focused on driving us forward.
Clearly, for our men’s team, it has been a disappointing season and there is a lot we can and will do better. Throughout these difficult periods, our fans have supported our players and our team across the country, and Europe with unfailing loyalty. We could not be more grateful for your incredible support. The atmosphere at the Bridge, when we played Dortmund, will live long in our memories and serves as an important reminder of where we want to be.
Our women’s team has celebrated another astonishing season, winning the Double with an unprecedented fourth successive WSL title and third successive FA Cup. Whilst we just fell short in the Champions League, the team played in front of incredible crowds at Stamford Bridge and demonstrated their quality against the best European sides. There are not enough positive things to say about Emma Hayes, her backroom staff, and the squad who have dealt with adversity, injury, and Emma’s period of absence. Their character and hunger to win is second to none. We were also delighted to see Emma named the LMA’s WSL Manager of the Year and Sam Kerr winning the FWA Women’s Footballer of the Year award back-to-back.
Despite all the challenges of the past year, we are optimistic about the future. We are looking forward to welcoming Mauricio Pochettino as the head coach of our men’s team in July. We are building a modern scouting, talent identification, and recruiting infrastructure within our sporting department, led by Laurence Stewart and Paul Winstanley, which will help us to identify and transform the squad around elite talent, a squad capable of consistently competing to win the Premier League, raise domestic cups and compete and win at the highest level in European football. We have also appointed Chris Jurasek as CEO to drive our business forward off the pitch, which in turn will make us more sustainable on the pitch.
The success we are aiming for is only possible with our supporters behind us. We are proud of the creation of our Fan Advisory Board, which will meet for the first time this summer, and we are confident its new members will ensure you are at the heart of decision-making at our club. We will continue to ensure your voices are heard as we look to the future.
For now, on behalf of the board and everyone at the club, thank you for your outstanding support. We hope you all have a good summer and look forward to welcoming you back to the Bridge in August.
Chelsea Ownership Group
IN A PHOTO:Getty Images
WHAT NEXT? Chelsea have been linked to several stars including Paris Saint-Germain's Neymar and Brighton's Moises Caicedo. However, they need to clear out a number of players this summer if they're to make room for new additions in their already bloated squad.