Reece James is Chelsea's most important player, and that fact is now more or less indisputable.
He may not be the most technically-gifted player in the Chelsea squad or the most experienced, but without him, Chelsea are a far worse team. Of course, any team is going to miss any important first-team player, but not many in the footballing world quite have the impact that James does when he is in a Blue shirt.
Take the last few months as a small sample size. James has missed the last eight games, which has seen Chelsea win only three games, with two of those coming in the Champions League. In the last eight games he was involved in, Chelsea won six.