Tuesday marks the first anniversary of the Todd Boehly/Clearlake Capital takeover of Chelsea. The consortium paid an initial £2.5 billion to buy the Blues from Roman Abramovich with an agreement to invest a further £1.75bn to aid the club's development. "Our vision as owners is clear: We want to make the fans proud," Boehly said in a statement confirming the deal.
It is fair to say their aim remains a work in progress.
Boehly, who is also part-owner of the Los Angeles Dodgers, and Californian private equity firm Clearlake have spent more than £600 million to sign 17 players over the past 12 months.