Chelsea’s owners are determined to make the club the absolute number one with news that they are set for a whopping £400m cash injection as part of a major multi-club expansion plan’.
The cash injection from investment firm Ares Management is part of a multi-club expansion plan that is expected to transform all aspects of the team including the women's team.
The new owners are just getting into their second year after buying the club from Roman Abramovich when he was sanctioned for his supposed role in the War in Ukraine. The purchase came with a promise of investing £1.75billion to continue the success the club had always enjoyed under their previous owner.
Todd Boehly and his consortium have already seen huge spending in the transfer market, breaking the £1bn barrier in just three windows even though the fruits of that spending has not still transformed results on the field with the Blues finishing a disappointing 12th in the league last season.
Now Chelsea are set to receive a cash injection worth £400m from US-based Ares Management, report The Telegraph. According to another report on the Sun Sport, the money will be used to fund expansion projects including the redevelopment of Cobham and a new stadium, which could cost upwards of £1.5bn.
Chelsea’s immediate aim though will be to get back to winning football matches on the field and get the club competing with the likes of Manchester City who have dominated the Premier League in recent times.
This season, the Blues are not in any European football and will have to watch on as Arsenal and Newcastle take their place for the first time in many years.