There will probably come a point in the next three weeks when Todd Boehly crashes through the £1bn barrier. There is an old joke that the way to make a small fortune in football is to start off with a big one. Boehly may be putting it into practice. If billionaires tend to be required to own the bigger clubs these days, they rarely burn through £1bn as quickly. Boehly and co might within 15 months. Moises Caicedo should take Chelsea past £900m. Someone else, whether Romeo Lavia, a forward or a goalkeeper, could swell Chelsea’s expenditure into 10 figures.
It stands at around £800m now, a record outlay in such a short time, and at a club that Ken Bates bought for £1 in 1982. Chelsea’s former owner had his faults but got rather more value for money than his latest successor.
