Since Todd Boehly’s takeover at Stamford Bridge, Chelsea has mirrored Everton’s tumultuous journey under Farhad Moshiri, suggests a recent revelation by an insider agent.
The Times, on February 24th, shed light on the parallel between Chelsea’s spending spree post-Clearlake Capital’s acquisition in 2022 and Everton’s financial struggles. While Everton grapples with a 10-point deduction amid profit and sustainability charges, Chelsea’s billion-pound splurge on transfers hasn’t translated to on-field success.
Described as ‘Moshiri’s Everton on speed’, Chelsea’s lavish spending contrasts starkly with Everton’s era of austerity and relegation battles. Despite initial confidence from Boehly and Eghbali, their approach seems reminiscent of past American takeovers, characterized by initial missteps and outsourced decision-making.
The narrative echoes Everton’s trajectory, where overspending led to diminishing returns and a period of financial strain. With Chelsea’s trophy cabinet still empty under Boehly, questions loom over their sustainable financial model amid ongoing investigations.
As Everton hopes for a brighter future with a new stadium, Chelsea’s trajectory raises concerns about repeating past mistakes. Will Chelsea’s spending spree lead to a similar fate as Everton’s turbulent era? Only time will tell.”
