Soccer

CHELSEA co-owner Todd Boehly has opened up about the club’s controversial transfer strategy – after spending over £1.2billion since 2022. The American businessman, 51, was targeted by fan protests ahead of the Blues’ 4-0 win over Southampton earlier this week. Todd Boehly has defended Chelsea’s transfer policy since he took over in 2022Credit: AlamyThe Blues have spent over £1billion on players in under three yearsCredit: GettyStars including Cole Palmer have been signed to deals over eight yearsCredit: GettyBoehly came out in defence of his leadership during an appearance at the FT Business of Football Summit on Thursday. The LA Dodgers owner directly addressed the protests, claiming: “Criticism is just par for the course.”The sooner you learn you won’t keep all the people happy all the time that brings freedom.”Boehly’s reign has seen immense spending, with £1.2bn spent on over 40 players. READ MORE ON FOOTBALLChelsea have also dished out contracts of up to TEN years to numerous stars, including Cole Palmer, Moises Caicedo and Romeo Lavia.But they have still found themselves left without an out-and-out striker in recent weeks after injuries to Nicolas Jackson and Marc Guiu.Defending the strategy, Boehly insisted: “Strikers are hard to find. You can’t get one from the grocery store.”It’s an amazing skillset and you have to have a fantastic mentality.Most read in FootballBEST FREE BET SIGN UP OFFERS FOR UK BOOKMAKERS”The most misunderstood thing is that we’re thinking about it measured in years, not months. “You have to think both short and long-term. We’re focused on a combination of both and seeking the best possible way to execute that. It’s a balancing act to figure that out.Enzo Maresca urges Chelsea fans to show trust after BlueCo protest “You have to have a plan and exercise it, accept that things are not linear and that the thing that matters is that the trend is in the right direction.”Boehly admits his first foray into English football has come with a “learning curve”.Chelsea have finished 12th and 6th in the Premier League over the past two seasons, failing to lift a trophy. They looked set to mount a title challenge before Christmas, only for their form to fall off in the past two months.Strikers are hard to find. You can’t get one from the grocery store.Todd BoehlyHe continued: “We’ve been here for less than three years and that’s been a whirling dervish of activity. Nothing is a straight line, ever and sport is so humbling.”If you look at contracts in football, a seven-year contract is really a five-year contract.”The reality that 95 per cent of the time by then you have to make a decision or you’ll shoot yourself in the foot.”At that point, you either agree an extension with the player or that greener pastures are out there for both sides.Chelsea ratings vs Southampton as Cole Palmer STILL can’t score or assist… and gets a horror grade”If you deny that you are kidding yourself.”We felt the longer contracts meant we could amortise but it was also about how we put together a team with the ability to stay together.READ MORE SUN STORIES”Teams that are dynasties over the years had superstar captains that were able to lead. But how do you find those superstar captains?”And in football, the market is obviously across multiple countries – so you’re thinking France, Germany, Brazil, Latin America – basically everywhere around the world.” More

CHELSEA owner Todd Boehly vowed he cannot afford to be waylaid by fan protests at Stamford Bridge.Blues boss Boehly was in the firing line along with boss Enzo Maresca in a public show of supporter unrest before Tuesday’s win over Southampton.Chelsea co-owner Todd Boehly has spoken out following protestsCredit: PAFans railed against the Americans’ ownership ahead of a win over SouthamptonCredit: EPABut American Boehly, who will celebrate three years in charge at SW6 in the summer, launched a strong defence of his reign as he insisted he still believes he can oversee a Chelsea “dynasty” of success.And if that means ignoring the complaint of the fans, then that is what he will have to do.Boehly said: “The fans are the lifeblood of any sports team. “You realise how important the team is to them and how important the fans are to the team. It’s hugely important. READ MORE ON CHELSEA”But the fact is that people say different things, change their minds all the time.”The criticism is just par for the course. The sooner you learn you won’t keep all the people happy all the time that brings freedom.”So you don’t have to live with their words. You can’t turn left and then right every three minutes, which is some of the advice we get, if you boil it down.”Boehly, speaking at the FT Business of Football Summit, has come under pressure for the state of Maresca’s squad, with fans bemoaning the lack of a genuine striking option in the absence of injured Nicolas Jackson.Most read in FootballBEST FREE BET SIGN UP OFFERS FOR UK BOOKMAKERSBut the US businessman, who also owns the World Series champions LA Dodgers baseball side in California, dismissed those frustrations with a withering put-down – as he publicly explained the club’s controversial transfer strategy.Chelsea’s decision to offer new signings contracts of up to eight years saw Uefa and Prem chiefs forced to draw up new rules to ensure transfer deals for signings can now only be “amortised” over five years for FFP purposes.Inside Chelsea’s new £1.6BILLION stadium plans with Stamford Bridge project set to rival Tottenham’sUkrainian winger Mykhailo Mudryk’s potential £88m arrival on an eight and a half year deal looked a mistake even before he was left facing a lengthy drugs ban.While eyebrows were raised over the contracts for Wesley Fofana, Enzo Fernandez, Moises Caicedo and others.He insisted: “Strikers are hard to find. You can’t get one from the grocery store. “It’s an amazing skillset and you have to have a fantastic mentality.The criticism is just par for the course. The sooner you learn you won’t keep all the people happy all the time that brings freedom.Todd Boehly”The most misunderstood thing is that we’re thinking about it measured in years, not months. “You have to think both short and long-term. We’re focused on a combination of both and seeking the best possible way to execute that. It’s a balancing act to figure that out.”You have to have a plan and exercise it, accept that things are not linear and that the thing that matters is that the trend is in the right direction.”Yes, it’s been a steep learning curve. We’ve been here for less than three years and that’s been a whirling dervish of activity. Nothing is a straight line, ever and sport is so humbling.Chelsea ratings vs Southampton as Cole Palmer STILL can’t score or assist… and gets a horror grade”If you look at contracts in football, a seven year contract is really a five-year contract. “The reality that 95 per cent of the time by then you have to make a decision or you’ll shoot yourself in the foot”At that point, you either agree an extension with the player or that greener pastures are out there for both sides.”If you deny that you are kidding yourself.”We felt the longer contracts meant we could amortoise but it was also about how we put together a team with the ability to stay together.”Teams that are dynasties over the years had superstar captains that were able to lead. But how do you find those superstar captains?”And in football, the market is obviously across multiple countries – so you’re thinking France, Germany, Brazil, Latin America – basically everywhere around the world.”Strikers are hard to find. You can’t get one from the grocery store.Todd BoehlyBoehly declined to expand on his strained relationship with co-owner Behdad Eghbali other than saying: “We’ve agreed on a strategy and the way forward and stuff’s getting done.”That includes, longer term, “building a self-sustaining, very competitive club, figuring how to increase revenues” – in other words a likely new home away from the Bridge.But while he admits he is still coming to terms with a very different sports world from the one he grew up with in the US, Boehly suggested Prem club chiefs will have to be prepared to sacrifice some of their sacred cows to really monetise their product.Sky have been the Prem’s main broadcaster since its inception more than 30 years ago, with a new four-year deal – alongside a smaller one for TNT Sports – beginning next season.But Boehly claims the idea of selling TV broadcast rights territory by territory is out of date – and that Prem bosses should be looking for one mega-money global deal with a streaming giant like Netflix, Amazon Prime or Apple.He said: “The Premier League is one of the few truly global properties. “It has unbelievable content with more people engaged than anyone else in the world.READ MORE SUN STORIES”I’m not saying that bundling all the rights to package them globally is the direct answer at this minute but that’s where we are headed. “The owners have to be willing to take that risk.” More