Chelsea's Squad Becomes Most Expensive Ever at €1.66 Billion

Chelsea's squad has been officially recognized as the most expensive ever assembled in football history, with a total value of €1.66 billion (£1.39 billion), according to UEFA's latest report. This figure surpasses the previous record held by Real Madrid in 2020, which was £1.12 billion. Despite this significant investment, Chelsea's performance has been lackluster, finishing sixth in the Premier League last season and facing pressure to deliver results. The report also highlighted that four clubs, including Manchester City and Manchester United, have squads valued at over €1 billion, indicating the financial might of the Premier League. Additionally, the report addresses wage bill concerns, revealing that Chelsea's expenditure on player wages and other costs is under scrutiny as UEFA prepares to implement new financial regulations. UEFA President Aleksander Ceferin noted the need for clubs to manage rising costs responsibly to maintain financial stability.