Chelsea co-owner Todd Boehly has promised fans he will get it right and bring the good times back to Stamford Bridge.
Boehly says he and co-owners Clearlake Capital have learned a lot about the transfer market in their first year in football and insists they will turn Chelsea back into winners.
Chelsea have endured one of the worst seasons in their history and are on course for their lowest Premier League finish, despite spending more than £600million on new players since Boehly and Clearlake took over last May.
Boehly has been criticised for his running of the club but he remains optimistic about the future, as Chelsea close in on the appointment of Mauricio Pochettino as their new head coach.
Speaking at the Milken Institute conference on Wednesday, Boehly said: “Our view though was that this is a long-term project and we are committed to the long-term.
“We very much believe that we are going to figure it out. We have got the best league in the world, we have got what I think is the top city in the world and we have got an unbelievable location in the top city in the world.
“There is a market for top players in every country in the world and each one of those markets is different. You have the Portuguese market, the French market, the English market so (you have) the ability to go to these markets.
“Then of course you have to build a team, your coach is the conductor of the team.”
Chelsea are planning a mass player clear-out this summer to reduce the size of their squad and ensure they continue to comply with Financial Fair Play [FFP] rules.
They are also ready to invest heavily in the transfer market again as they target a new striker, midfielder and goalkeeper.
Boehly said: “There is a lot that we have learned about the different markets, the global aspect of it all. The fans are demanding. They want to win and we get that, we want to win.”
