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Todd Boehly defends Chelsea's spending spree after splurging over £1 billion as Blues boss and calls for patience with Mauricio Pochettino's team

Boehly took over Chelsea in May of 2022 and the club have since spent over £1 billion ($1.26bn) on the likes of Enzo Fernandez, for over £100m ($126m), Cole Palmer, Mykhailo Mudryk, and Moises Caicedo. Not every signing has worked out, with the Blues currently seventh in the Premier League table, but Boehly has insisted the west Londoners are merely building for the future.

WHAT HAPPENED?

Chelsea have hit some form in recent weeks under Mauricio Pochettino, going on a four-game unbeaten run to give themselves a chance of European football at the end of the season, and Boehly insists the Blues will reap the rewards from their spending provided they are patient.

THE BIGGER PICTURE

Per <a href="https://twitter.com/FabrizioRomano/status/1790743124815347926" target="_blank">Fabrizio Romano</a>, Boehly said: “We are not spending the money, we are investing the money. When we are spending, we are investing and those players continue to hold their value. I argue the investments made at Chelsea have held their value."He <a href="https://twitter.com/FabrizioRomano/status/1790742460248842304" target="_blank">added</a>: “We’ve got to be patient. Since Boxing Day, we are the fourth best team in the Premier League. When you look at what is going on now, it feels better and better”

WHAT BOEHLY SAID

Chelsea face Brighton on Wednesday. If they win that game, they will remain contenders for a fifth-placed finish, although they would need both Tottenham and Newcastle to lose their remaining games.

WHAT NEXT?

Todd Boehly defends Chelsea's spending spree after splurging over £1 billion as Blues boss and calls for patience with Mauricio Pochettino's team | Goal.com US

Todd Boehly has defended Chelsea&apos;s extravagant spending since his takeover, insisting that they are &quot;investing&quot; in young talent. 

Todd Boehly defends Chelsea&apos;s spending spree after splurging over £1 billion as Blues boss and calls for patience with Mauricio Pochettino&apos;s team