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Football London
Football London
Sport
Sam Hill & James Quinlan

Rio Ferdinand and Michael Owen agree on Chelsea transfer verdict amid Todd Boehly £600m failure

Chelsea have spent more than any other Premier League club since Todd Boehly arrived at Stamford Bridge. The Blues' transfer business has been nothing short of remarkable after splashing over £600million on new signings.

Despite their busy work off the pitch, this has not led to an improvement in results on the pitch this season. Thomas Tuchel was the first to be sacked, followed by Graham Potter being dismissed as manager just six months later.

Frank Lampard now finds himself as caretaker boss until the end of the season - but results continue to disappoint fans after the club legend has lost his first four games in charge after returning to Stamford Bridge. Chelsea have now been knocked out of the Champions League at the hands of reigning champions Real Madrid with their new signings failing to make a significant impact in changing the fortunes for the Blues.

READ MORE: Kai Havertz set huge challenge to solve Chelsea's 'biggest mystery' as Erling Haaland point made

Yes, a period of adaptation is expected when new players join the club - but the sheer amount of signings that have been brought into the club may have destabilised the squad completely. Another problem for the west Londoners is that they have failed to correct a key issue by not signing a clinical striker.

Speaking to BT Sport following Chelsea's exit from the Champions League, Manchester United legend Rio Ferdinand highlighted the problem facing the Blues ahead of the summer transfer window in which they'll need to move on a number of players on huge wages. Ferdinand said: "When they’ve [Chelsea] got players sitting on huge wages, they’ve got three, four, five, some of them even six or seven-year contracts, right, the problem you’ve got is who buys them for a big price and pays that amount of wages they’re on? It’s a difficult situation."

Former Liverpool striker Michael Owen weighed in on the discussion by agreeing with Ferdinand about Todd Boehly's issue of moving on players this summer. Owen added: "It’s incredible, isn’t it?

"How much of a mistake they’ve made buying so many players, and it’s going to hit them where it hurts - in the pocket - because now they’re going to have to get rid of players. Some players won’t want to leave so they’ll have to pay them off, it’s been a really expensive mistake."

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