The true impact of what Chelsea is doing under Todd Boehly is yet to become clear. Liverpool has already felt the influence of the vast sums of money being spent in its pursuit of Moisés Caicedo and Roméo Lavia.
Aside from those deals, Chelsea has inflated the transfer market too. Saudi Arabia might have since done so anyway, but there is little chance of Declan Rice being able to move for more than $125m if Enzo Fernández hadn’t six months prior.
And in agreeing to pay well over the odds, to be able to finance it, Chelsea has had to get creative. First, it offered long-term contracts to spread the payments of the transfer fees over a large period of time. When UEFA stopped that, it didn’t matter as the Blues had not qualified for one of its competitions.