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Matt Cooper: Chelsea’s new owners playing a risky game in stockpiling unproven talent

The club’s deep-pocketed owners see the enormous outlay on new players as capital investment, but if Chelsea fail to qualify for next season’s Champions League, then players may well have to be sold to recover the cost

Chelsea: the cash-rich club is in serious danger of not qualifying for next season’s Champions League despite winning the competition in 2021. Picture: Getty

The new American private equity owners of Chelsea Football Club are spending money on the acquisition of players in a fashion that has never been seen in football before, not even by the likes of Real Madrid and Barcelona.

New players are being purchased for record sums of money, with over £500 million spent in less than a year, and are being tied to long-term contracts, seven or eight years in duration, so that the ...