LONDON: Chelsea’s squad at the end of the 2024 financial year was the most expensive ever assembled in Europe in terms of transfer fees, according to a report released by governing body UEFA.
The “European Club Finance and Investment Landscape” report said Chelsea spent 1.656 billion euros ($1.79 billion) on combined transfer costs.
That comfortably surpassed the value of Manchester United’s squad in 2023, which cost 1.42 billion euros to assemble, and the 1.33 billion euros spent by Real Madrid, which was the highest squad cost in 2020.
Chelsea has signed 41 players since Todd Boehly and Clearlake Capital bought the club in 2022, but the West London club’s big-money transfers have not translated to significant on-field success, as Chelsea finished sixth in the Premier League last season and is currently fifth. Agencies
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