Chelsea aim to fix their poor start to the season, seeking £500 million in loan from US Financial institutions

To the surprise of many, Chelsea have not yet broken FFP regulations.


Chelsea aim to fix their poor start to the season, seeking £500 million in loan from US Financial institutions

Todd Boehly (Source: via Reuters)

According to reports from the Sun, have been made stating the London-based football club, Chelsea FC is looking to receive £500 million, in loans, from US Financial institutions. The club owner, Todd Boehly aims to keep up with Premier League rivals after the club’s terrible start to the season when considering the amount invested. 

Chelsea, now under new ownership with over £1 billion spent, faces severe scrutiny for recent poor on-field results. Last month, they didn’t score any Premier League goals and only earned 1 point from a possible 9. Critics extend beyond performance, with American owner Todd Boehly facing repeated criticism from football experts for his limited grasp of the sport and investment choices. This has prompted former players to publicly oppose the club’s management and its direction.

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“Let’s be realistic – Chelsea are a mid-table club. I’m disgusted with it,” said ex-Chelsea star Frank Leboeuf. He additionally stated, “I have nothing against Todd Boehly, but they need to change things quickly or else they’ll kill the club.” The sentiment is shared not only by football experts. Now, even fans online have started mocking the club on several occasions for the results achieved based on the amount of money spent.

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Now with the club seeking a £500million loan, Chelsea fans have doubts about whether the board of directors will come to a sound decision on how and where the capital will be utilized.

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Chelsea’s poor start to the season

With more games played than points won, Chelsea has had a tough first two months under new manager, Mauricio Pochettino. Things initially looked bright after the Blues’ performance against Liverpool. However, since then it has all gone downhill.

Conor Gallagher, Mohamed Salah, during Chelsea vs. Liverpool.
(L-R) Conor Gallagher, Mohamed Salah (Source: via PA Wire)

Chelsea have only won once since the beginning of the Premier League. That too over the newcomers Luton Town, and have yet to win a single game since then. The club is also going through an injury crisis with their big signing from Germany, Christopher Nkunku. He has yet to make a single appearance this season. So, many fans have already accepted the fate of their club.

Chelsea will face Fulham on Monday at Craven Cottage. The club will be aiming to break their goal drought, however, it will prove to be a tough task as their current forward, Nicolas Jackson is currently serving a suspension due to accumulated yellow cards.

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